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HELP URGENT FOR One-third was credit sales. tDuring Year 2 , cash dividends amounting to $7,300 were declared and paid. Required: 1. Complete the following
HELP URGENT FOR
"One-third was credit sales. tDuring Year 2 , cash dividends amounting to $7,300 were declared and paid. Required: 1. Complete the following columns for each item in the comparative financial statements (Negative answers should be indicated by a minus sign. Round percentage answers to 2 decimal places, i.e., 0.1243 should be entered as 12.43 .): 2-a. By what amount did working capital change? 2-b. What was the percentage change in the income tax rate? (Round intermediate calculations and final answer to 2 decimal places.) 2-c. What was the amount of cash collections from customers in year 2? 2-d. What was the change for the gross profit margin ratio? (Round intermediate calculations and final answer to 1 decimal place.) Step by Step Solution
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