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Please show me what the equations are and how to do each. Thanks! Propem UUR The following are financial statements of Sheridan Company. Sheridan Company

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image text in transcribedPlease show me what the equations are and how to do each. Thanks!

Propem UUR The following are financial statements of Sheridan Company. Sheridan Company Income Statement For the Year Ended December 31, 2022 Net sales Cost of goods sold Selling and administrative expenses Interest expense Income tax expense Net income $2,210,500 1,010,000 900,000 81,000 72,500 $147,000 $ 64,700 90,000 168,600 242.200 565,500 573,500 $ 1,139,000 Sheridan Company Balance Sheet December 31, 2022 Assets Current assets Cash Debt investments Accounts receivable (net) Inventory Total current assets Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock Retained earings Total stockholders' equity Total liabilities and stockholders' equity $ 165,000 30,000 195,000 215.040 410,040 347,000 381,960 728,960 $1,139,000 Additional information: The net cash provided by operating activities for 2022 was $193,000. The cash used for capital expenditures was $91,500. The cash used for dividends was $31,000. The weighted average common shares outstanding during the year was 50,000. (a) Compute the following values and ratios for 2022. (We provide the results from 2021 for comparative purposes.) (Round Current Ratio and Earnings per share to 2 decimal places, e.g. 15.25 and Debt to assets ratio to 1 decimal place, e.g. 78.9%. Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) (0) Working capital. (2021: $160,500) (ii) Current ratio. (2021: 1.65:1) (iii) Free cash flow. (2021: $48,700) (iv) Debt to assets ratio. (2021: 31%) (v) Earnings per share. (2021: $3.15) 0) Working capital ii) Current ratio (iii) (iv) (v) Free cash flow Debt to assets ratio Earnings per share

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