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please help Sandhill Co. has these comparative balance sheet data: SANDHILL CO. Balance Sheets December 31 2022 Cash $33,450 Accounts receivable (net) 156,100 Inventory 133,800

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Sandhill Co. has these comparative balance sheet data: SANDHILL CO. Balance Sheets December 31 2022 Cash $33,450 Accounts receivable (net) 156,100 Inventory 133,800 Plant assets (net) 446,000 69,350 Accounts payable $ 111,500 Mortgage payable (15%) 223,000 Common stock, $10 par 312,200 Retained earnings 122.650 $ 769,350 2021 $ 66,900 133,800 111,500 401,400 $713,600 $ 133,800 223,000 267,600 89.200 $713,600 Additional information for 2022 1 2 3. Net income was $34,100 Sales on account were $377.100. Sales returns and allowances amounted to $27.600. Cost of goods sold was $200,200. Net cash provided by operating activities was $56,000. Capital expenditures were $28.200, and cash dividends were $19,300 4. 5. 1. 2. 3 Net income was $34.100. Sales on account were $377,100. Sales returns and allowances amounted to $27,600. Cost of goods sold was $200,200. Net cash provided by operating activities was $56,000 Capital expenditures were $28,200, and cash dividends were $19,300. 5. Compute the following ratios at December 31, 2022. (Round current ratio and Inventory turnover to 2 decimal places, es. 183 and all other answers to 1 decimal place, c.8. 1.8. Use 365 days for calculation) .1 (a) Current ratio. times (6) Accounts receivable turnover. days Average collection period. times Idi Inventory turnover days le Days in inventory Free cash flow e Textbook and Media Attempts of used 44 000 ES

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