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IVANHOE COMPANY Income Statements Other expenses and losses begin{tabular}{lrrr} Interest expense & 23,600 & 21,600 cline { 2 - 2 } Income before income
IVANHOE COMPANY Income Statements Other expenses and losses \begin{tabular}{lrrr} Interest expense & 23,600 & 21,600 \\ \cline { 2 - 2 } Income before income taxes & 306,735 & & 236,800 \\ Income tax expense & 93,745 & 74,600 \\ Net income & $212,990 & $162,200 \\ \hline \end{tabular} Nil sales were on credit. Net cash provided by operatine activities for 2027 was $224,565. Capital expenditures were $135,00 casti dividends poid were $65,386. Compute the followine ratios for 2027 . (Round curfent ratlo, earnings per share and asset tumover to 2 decimol places, e.8 1.83 and answers to 1 decind ploce, eg. 1.8 or 2.5% Use 365 dow in calculation. All sales were on credit. Net cash provided by operating activities for 2027 was $224,565. Capital expenditures were $135,000, and cash dividends paid were $65,386 Compute the following ratios for 2027. (Round current natio, earnings per share and asset tumover to 2 decimal places, es 1.83 and all other answers to 1 declmol ploce, es 1.8 or 2.5% Use 365 doys in calculotion.)
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