Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help. Thank you Ill sales were on credit. Net cash provided by operating activities for 2022 was $230.000, Capital expenditures were 5136.000 , and

Please help. Thank you
image text in transcribed
image text in transcribed
Ill sales were on credit. Net cash provided by operating activities for 2022 was $230.000, Capital expenditures were 5136.000 , and ash dividends paid were $87,881. ompute the following ratios for 202.2. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, e.8. 1.65 or 1.65:1. nd all other answers to 1 decimal place, e. 5.6 .8 or 6.8%. Use 365 days for calculation.) (a) Earnings per share (b) Returnon common stockholders' equity (c) Returnon assets (d) Current ratio (e) Accounts receivable turnover 160 times (f) Average collection period 22. days (g) Inventory turnover 8.5 times (h) Days in inventory 429 diys (i) Times interest earned 16.4 times (j) Assetturnover 20. times (k) Debt to assets ratio 0.4 \% (1) Freecash flow

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Understanding And Practice

Authors: Robert Perks

3rd Edition

0077124782, 9780077124786

More Books

Students also viewed these Accounting questions

Question

=+e. Storytelling present product in a story.

Answered: 1 week ago