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Compute the following values and ratios for 2022. (We provide the results from 2021 for comparative purposes.) (Round Current Ratio and Earnings per share to

Compute the following values and ratios for 2022. (We provide the results from 2021 for comparative purposes.) (Round Current Ratio and Earnings per share to 2 decimal places, e.g. 15.25 and Debt to assets ratio to 1 decimal place, e.g. 78.9%. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) image text in transcribed
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The following are financial statements of Pharoah Company. Pharoah Company Income Statement For the Year Ended December 31, 2022 Net sales $2,235,000 Cost of goods sold 1,019,000 Selling and administrative expenses 909,000 Interest expense 17.000 Income tax expense 62,000 Net income $ 168,000 Pharoah Company Balance Sheet of Com....docx Pharoah Company Balance Sheet December 31, 2022 Assets Current assets Cash $58.200 Debt investments 90.000 Accounts receivable (net) 169 100 Inventory 170,200 Total current assets 487.500 Plant assets (net) 573.000 Total assets $ 1,060.500 Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity Current liabilities Accounts payable $ 150,000 Income taxes payable 45,000 Total current liabilities 195,000 Bonds payable 207,990 Total liabilities 402,990 Stockholders' equity Common stock 349,000 Retained earnings 308,510 Total stockholders' equity 657,510 Total liabilities and stockholders' equity $1,060,500 15 Ref Additional information: The net cash provided by operating activities for 2022 was $191,000. The cashed for capital expenditures was $89.500. The cash used for dividends was $30.100. The weighted average common shares outstanding during the year was 50,000 (a) Compute the following values and ratios for 2022. We provide the results from 2021 for comparative purposes) Round Current Ratio and Earnings per share to 2 decimal places, s. 15.25 and Debt to assets ratio to i decimal place, 72% Enter negothe amounts using either a negative sign preceding the rumber es - 45 or parentheses es (453) nm Working capital (2021: $160,500) Current ratio (2021: 1.65:1) ) Free cash flow. (2021: $48,700) (lv) Debt to assets ratio (2021:31%) () Earnings per share, 12021: $3.15) (i) Working capital $ ( ii) Current ratio :1 (iii) Free cash flow $ (iv) Debt to assets ratio % (v) Earnings per share $

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