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PLEASE ANSWER ACCORDING TO THE BLANKS ABOVE please answer according to questions in red Cnmnarative finanrial statements fnr Rincenm and vavail td are shnWn below.

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PLEASE ANSWER ACCORDING TO THE BLANKS ABOVE

please answer according to questions in red
Cnmnarative finanrial statements fnr Rincenm and vavail td are shnWn below. 1. Seventy-five percent of the sales were on account. 2. The allowance for doubtful accounts was $4,000 in 2024,$5,000 in 2023 , and $3,000 in 2022 . 3. In 2024 and 2023 , dividends of $2,000 and $8,000, respectively, were paid to the common shareholders. 4. Cash provided by operating activities was $103,500 in 2024 and $120,000 in 2023 . 5. Cash used by investing activities was $104,000 in 2024 and $30,000 in 2023 . Calculate all possible liquidity, solvency, and profitability ratios for 2024 and 2023 . (Round answers for collection period, days sales in inventory, operating cycle and free cash flow to 0 decimal places, e.g. 125. Round answer for earnings per share to 2 decimal places, e.g. 12.50. Round all other answers to 1 decimal place, e.g. 12.5 or 12.5%. Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Use 365 days for calculation.) Cnmnarative finanrial statements fnr Rincenm and vavail td are shnWn below. 1. Seventy-five percent of the sales were on account. 2. The allowance for doubtful accounts was $4,000 in 2024,$5,000 in 2023 , and $3,000 in 2022 . 3. In 2024 and 2023 , dividends of $2,000 and $8,000, respectively, were paid to the common shareholders. 4. Cash provided by operating activities was $103,500 in 2024 and $120,000 in 2023 . 5. Cash used by investing activities was $104,000 in 2024 and $30,000 in 2023 . Calculate all possible liquidity, solvency, and profitability ratios for 2024 and 2023 . (Round answers for collection period, days sales in inventory, operating cycle and free cash flow to 0 decimal places, e.g. 125. Round answer for earnings per share to 2 decimal places, e.g. 12.50. Round all other answers to 1 decimal place, e.g. 12.5 or 12.5%. Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Use 365 days for calculation.)

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