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please do it asap. plz Comparative Statements of Financial Position December 31 Assets Cash Trading investments Accounts receivable Inventory Property, plant, and equipment Total assets
please do it asap. plz
Comparative Statements of Financial Position December 31 Assets Cash Trading investments Accounts receivable Inventory Property, plant, and equipment Total assets 2022 $ 35,250 15,000 50,000 60.000 260,000 $420_250 2021 $ 40,000 60,000 30,000 70,000 300,000 $500.000 Liabilities and shareholders' equity Accounts payable Bank loan payable (due March 31). Bonds payable Common shares Retained earnings Total liabilities and shareholders' equity. $ 20,000 40,000 80,000 170,000 110.250 $400.250 $ 30,000 90,000 160,000 145,000 75.000 $500.000 BELUGA CORPORATION Statement of Income Year Ended December 31, 2022 Sales Cost of goods sold Gross profit Expenses Operating expenses $400.000 190.000 210.000 $85.000 $400,000 190,000 210,000 Sales Cost of goods sold Gross profit Expenses Operating expenses Interest expense. Total expenses Income before income tax. Income tax expense. Net income $85,000 18,000 103,000 107,000 26,750 $ 80.250 Additional information for 2022: 1. Cash dividends of $45,000 were declared and paid. 2. Average number of common shares was 60,000 shares. 3. Market value of common shares on December 31 was $20 per share. 4. Net cash provided by operating activities was $62,000. Using the financial statements and the additional information, calculate the following ratios for 2022: 1. Current ratio 2. Return on common shareholders' equity 3. Price-earnings ratio 4. Receivables turnover 5. Times interest earned 6. Profit margin 7. Days in inventory 8. Payout ratio 9. Return on assets 10. Dividend yieldStep by Step Solution
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