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Flounder Corporation has been operating for several years. On December 3 1 , 2 0 2 3 , it presented the following SFP . Cost

Flounder Corporation has been operating for several years. On December 31,2023, it presented the following SFP.
Cost of goods sold in 2023 was $418,550, operating expenses were $50,800, and net income was $27,500. Accounts payable suppliers
provided operating goods and services. Assume that total assets are the same in 2022 and 2023.
Calculate each of the following ratios: (Do not round intermediate calculations. Round Current ratio, Acid-test ratio Debt-to-total-assets ratio
and Rate of return on assets to 2 decimal places, e.g 52.75 and 52.75%. Round answer in days to 1 decimal place, e.g.527.5. Use 365 days for
calculation.)
Find current ratio
Acid test ratio
Debt to total assets
Rate of return on assets
Days payable outstanding (including cogs and operating expense )
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