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please help! thank you! The comparative statements of Sunland Company are presented here. Sunland Company Income Statements For the Years Ended December 31 2022 2021

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The comparative statements of Sunland Company are presented here. Sunland Company Income Statements For the Years Ended December 31 2022 2021 Net sales $1,812,700 $1,746,500 Cost of goods sold 1,007,700 981,000 Gross profit 805,000 765,500 Selling and administrative expenses 516,800 477,000 Income from operations 288,200 288,500 Other expenses and losses Interest expense 18,400 13,600 Income before income taxes 269,800 274,900 Income tax expense 82,408 77,000 Net income $ 187,392 $ 197,900 Sunland Company Balance Sheets December 31 Assets 2022 2021 Current assets Cash $59,100 $65,000 69.400 49,900 117.100 102,600 Debt investments (short-term) Accounts receivable (net) Inventory Total current assets Plant assets (net) 123,000 115,500 368,600 333,000 602,000 521,600 Total assets $970,600 $854,600 Liabilities and Stockholders' Equity Current liabilities Accounts payable $159,600 $144,900 Income taxes payable 43.100 42.400 - 16 Question 6 of 6 202.700 187,300 Total current liabilities 220,000 200,000 Bonds payable 422,700 387,300 Total liabilities Stockholders' equity 283 100 302500 Common stock ($5 par) 264,800 164,800 Retained earnings 547.900 Total stockholders' equity 467300 $970.600 $854,600 Total liabilities and stockholders equity All sales were on credit. Net cash provided by operating activities for 2022 was $237,000. Capital expenditures were $143,000 and cash dividends paid were $87.392 Compute the following ratios for 2022. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, 68. 1.65 or 165-1, and all other answers to 1 decimal place. e. 6.8 or 6.8% Use 365 days for calculation) $ 321 (a Earnings per share 352 30 TH Palumen common stockholders equity All sales were on credit. Net cash provided by operating activities for 2022 was $237,000. Capital expenditures were $143,000, and cash dividends paid were $87,392 Compute the following ratios for 2022. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, es 1.65 or 1,65:1, and all other answers to 1 decimal place, e.g. 6.8 or 6,8%. Use 365 days for calculation) (a) Earnings per share $ 321 (b) Return on common stockholders'equity 36.2 96 (c) Return on assets 20.6 96 (d) Current ratio 1.82 :1 1 (e) Accounts receivable turnover 16.5 times (0) 22.1 Average collection period days times (8) 8. Inventory turnover (h) Days in inventory days (0) times Times interestearned Current ratio LHE lej Accounts receivable turnover 165 00 Average collection period dary Inventory turnover E Days in inventory Times interested Assetto times Dobito aistrato 00 Frencash flow

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