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Condensed balance sheet and income statement data for Danke Corporation are presented as follows. Net cash from operating activities $82,000 $56,000 Cash used for capital
Condensed balance sheet and income statement data for Danke Corporation are presented as follows. Net cash from operating activities $82,000 $56,000 Cash used for capital expenditures $45,000 $38,000 Dividends paid on common shares $20,000 $15,000 Weighted-average number of shares outstanding 33,000 30,000 Compute these values and ratios for 2016 and 2017. (Round Earnings per share to 2 decimal places, e.g. $2.78 and Current Ratio and Debt to assets ratio to 1 decimal place, e.g. 15.2. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
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