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Fill in the emplty blanks CORRECTLY. (I sent this question before and got a wrong response, MAKE SURE it is correct this time!!!) Condensed statements

Fill in the emplty blanks CORRECTLY.
(I sent this question before and got a wrong response, MAKE SURE it is correct this time!!!) image text in transcribed
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Condensed statements of financial position and statement of income data for Oak Ridge Corporation follow: 2019 OAK RIDGE CORPORATION Statement of Financial Position December 31 2021 2020 Assets Current assets Cash $25,000 $20,100 Accounts receivable (net) 55,400 44.900 Inventory 101,000 84.600 Total current assets 181,400 149.600 Long-term investments 55.200 70.200 Property, plant, and equipment (net) 498,900 372,800 Total assets $735,500 $592,600 Liabilities and Shareholders' Equity Liabilities Current liabilities $84,500 $79.900 Non-current liabilities 156,100 85,900 Total liabilities 240,600 165,800 Shareholders' equity Common shares 329.900 300.700 Retained earnings 165,000 126.100 $17.900 47.700 63,400 129.000 48,100 258,000 $435,100 $29.700 20,100 49.800 301.900 83,400 Total shareholders' equity Total liabilities and shareholders' equity 494,900 $735,500 426,800 $592,600 385,300 $435,100 OAK RIDGE CORPORATION Statement of Income Year Ended December 31 2021 Sales 702,400 Cost of goods sold 448,300 Gross profit 254,100 Operating expenses 148,900 Income from operations 105,200 Interest expense 10,000 Income before income tax 95,200 Income tax expense 19,040 Net income $76,160 2020 452,300 299,200 153.100 84,200 68,900 3,860 65,040 13,008 $52.032 Additional information: 1. 2. The allowance for doubtful accounts was $4.900 in 2019, $4,500 in 2020, and $5,000 in 2021. All sales were credit sales. Net cash provided by operating activities was $120,700 in 2020 and $102,100 in 2021. Net capital expenditures were $153,100 for 2020 and $181.400 for 2021. 3. 4. Calculate the following ratios for 2020 and 2021: (Round answers to 1 decimal place, eg.5.2:1 or 5.2% or 5.2. Enter negative answers preceeding either - sign, e.g. -45 or in parentheses, eg. (45).) 2021 2020 1. Current ratio 2.15 1 1.87 1 2. Receivables turnover times times 4.83 times 4.04 times 3. Inventory turnover 4. Debt to total assets de % 5. Times interest earned times times 6. Free cash flow 7. Gross profit margin % % 8. Profit margin % % 9. Asset turnover times times 10. Return on assets % %

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