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........ Kinder Company has these comparative balance sheet data: Additional information for 2014: Net income was $29,200. Sales on account were $387,100. Sales returns and
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Kinder Company has these comparative balance sheet data: Additional information for 2014: Net income was $29,200. Sales on account were $387,100. Sales returns and allowances amounted to $28,300. Cost of goods sold was $223,700. Net cash provided by operating activities was $58,600. Capital expenditures were $29,300, and cash dividends were $17,400. Compute the following ratios at December 31, 2014. (Round all answers to 2 decimal places, e.g. 1.83.)Step by Step Solution
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