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Current Attempt in Progress Golden Corporation has the following comparative statement of financial position data: 2021 GOLDEN CORPORATION Statement of Financial Position December 31 2022

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Current Attempt in Progress Golden Corporation has the following comparative statement of financial position data: 2021 GOLDEN CORPORATION Statement of Financial Position December 31 2022 Cash $26,300 Receivables (net) 62,000 Inventory 62,400 Property, plant and equipment (net) 199.000 $349.700 $31,000 61,500 50,100 182,000 $324,600 Accounts payable Mortgage payable Common shares Retained earnings $53,400 99.000 140,000 57.300 $349,700 $62,800 99.000 119.600 43,200 $324,600 Additional information for 2022: 1. 2 3. Net income was $32,400. Sales on account were $347.600. Cost of goods sold was $199,100. The allowance for doubtful accounts was $3,500 at the end of 2022, and $3,700 at the end of 2021. Net cash provided by operating activities was $47.800. Net capital expenditures were $25,500, and cash dividends were $18,300. 4. 5. 6. Calculate the following ratios at December 31, 2022: (Round current ratio, receivables turnover, average collection period, inventory turnover and days in inventory to 1 decimal place, 8.5.2:1 or 5.2. Use 365 days for calculation) (a) :1 Current ratio Receivables turnover (b) times w (c) Average collection period days Id) times Inventory turnover Days in inventory le) days 1) Free cash flow

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