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Great Adventures Problem AP12-1 [The following information applies to the questions displayed below.] Income statement and balance sheet data for Great Adventures, Inc., are provided
Great Adventures Problem AP12-1 [The following information applies to the questions displayed below.] Income statement and balance sheet data for Great Adventures, Inc., are provided belo GREAT ADVENTURES, INC. Balance Sheets December 31, 2022 and 2021 20222021 Assets Current assets: Cash Accounts receivable Inventory 0ther current assets $214,75248,3207,800980$64,580004,820 Long-term assets: Land Buildings Equipment Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable other current liabilities Notes payable (current) Notes payable (long-term) Stockholders' equity: Common stock Paid-in capital Retained earnings 128,000 22,720 Treasury stock Total liabilities and stockholders' equity Great Adventures Problem AP12-1 Part 2 2. Calculate the following profitability ratios for 2022. (Use 365 days in a year. Round your intermediate calculations and final answers to 1 decimal place.)
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