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Ivanhoe Corporation's comparative balance sheet is presented below. IVANHOE CORPORATION Balance Sheet December 31 2021 2020 Cash Accounts receivable Inventory Land Buildings Accumulated depreciation-buildings Total

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Ivanhoe Corporation's comparative balance sheet is presented below. IVANHOE CORPORATION Balance Sheet December 31 2021 2020 Cash Accounts receivable Inventory Land Buildings Accumulated depreciation-buildings Total Accounts payable Common shares Retained earnings Total $5,000 14,600 8,400 18,500 80,000 (17,000 ) $109,500 $11,390 75,000 23,110 $109,500 $3,700 24,200 6,400 24,500 80,000 (12,000 ) $126,800 $31,800 69,000 26,000 $126,800 Ivanhoe's 2021 income statement included net sales of $180,000, cost of goods sold of $130,000, and profit of $10,000. Calculate the following ratios for 2021. (Round Collection period and Days sales in inventory to O decimal places e.g. 52 and all other answers to 1 decimal place, e.g. 52.7 or 52.7%. Use 365 days for calculation.) 2021 (a) Current ratio 2.46 (b) Acid-test ratio 1.72 Receivables turnover 9.28 times ) (d) Collection period 39 days (e) Inventory turnover times (f) Days sales in inventory days (g) Profit margin % (h) Asset turnover times (i) Return on assets % (j) Return on equity % (k) Debt to total assets %

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