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need help Sheffieid Company has these comparative balance sheet data: Additional information for 2022 : 1. Net income was $24.400. 2. Sales on account were
need help Sheffieid Company has these comparative balance sheet data: Additional information for 2022 : 1. Net income was $24.400. 2. Sales on account were $416,400. Sales returns and allowances amounted to $24,400. 3. Cost of goods sold was $201,650. 4. Net cash provided by operating activities was $45,000. 5. Capital expenditures were $25,000, and cash dividends paid were $9,500, 6. The bonds payable are due in 2035 . Compute the following ratios at December 31, 2022. (Round current ratio to 2 docimal ploces es 1.67. Round Accounts receivable turnover, Average collection period, Inventory tumover and Days in inventary to 1 decimal ploce, es. 1.6)
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