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Other Experts Answered Wrong. Please Help . There is no other information required. That is all the info provided. Another expert please provide me with
Other Experts Answered Wrong. Please Help .
There is no other information required. That is all the info provided. Another expert please provide me with a solution. Thanks in advance.
+1 )21 and 2022 are as follows. All sales were on credit. Net cash provided by operating activities for 2022 was $231,000. Capital expenditures were $136,000, and cash dividends paid were $56,700. Compute the following ratios for 2022. (Round earnings per share, current ratio and asset turnover to 2 decimal places, e.g. 1.83. Round period, inventory turnover, days in for calculation.) Compute the following ratios for 2022 and 2021. (Round current ratio and inventory turnover to 2 decimal places, e.g 1.83. Round profit margin, return on assets, return on common stockholders' equity and debt to assets ratio to 1 decimal place, e.g. 12.6\%.) (a) Current ratio. (b) Inventory turnover. (Inventory on December 31, 2020, was \$420.) (c) Profit margin. (d) Return on assets. (Assets on December 31, 2020, were $2,020.) (e) Return on common stockholders' equity. (Equity on December 31, 2020, was \$970.) (f) Debt to assets ratio. (g) Times interest earned. 2022 2021 (a) Current ratio. (b) Inventory turnover. (c) Profit margin. (d) Return on assets. (e) Return on common stockholders' equity. (f) Debt to assets ratio. (g) Times interest earned. 2.54 \begin{tabular}{rr} \hline 4.4 & % \\ \hline \end{tabular} 11.1% 55.2 29times 5 times Step by Step Solution
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