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help please The financial statements of Hickory Company appear below: Hickory Company Comparative Balance Sheet December 31, Hickory Company Income Statement For the year ended
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The financial statements of Hickory Company appear below: Hickory Company Comparative Balance Sheet December 31, Hickory Company Income Statement For the year ended December 31, 2024 Additional Information: a. Cash dividends of $20,000 were declared and paid in 2024 . b. Weighted Average number of shares of common stock outstanding during 2024 was 30,000 shares. c. Market value of common stock on December 31,2023 was $22 per share. Instructions Usina the financial statements and additional information. comoute the followina ratios c. Market value of common stock on December 31,2023 was $22 per share. Instructions Using the financial statements and additional information, compute the following ratios for Hickory Company for 2024. Show all computations for credit. 1. Current ratio: 2. Return on Common stockholders equity 3. Price-earnings ratio 4. Acid-test ratio 5. Receivables turnover 6. TImes interest earned 7. Profit margin 8. Days in inventory 9. Payout ratio 10. Return on assets Step by Step Solution
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