Pro 1LOZA 10:54 The compartim ents of C her Company we presented CULLUMBER COMPANY In State For the Year Ended December 31 51, 5 00 $1,470.000 7.000 45.000 420.000 270.000 400350 32.00 Net sales Cost of goods sold Grow profit Selling and administrative expenses Income from aperations Other expenses and losses Internet expense Income before income taxes Income tax expense Net Income ISO 160930 100 2050 S12644 S 144.060 CULLUMBER COMPANY Balance Sheets December 31 Current assets 550 55 Debt investments short-term) Actreceivable 080536353 105.840 97.000 545.160 437.053 5134400 S122136 Total current Planet Total arts Li es and Stockholders' Equity Curret abilities A pale Lace payable Totalcar labilities Blends payable Total liabilities Stockholders' equity Comme (54 ) Retained earnings Total stockholdersequity Total liabilities and holdersity 120.940 ISO 355 740 157 416 16000 335 416 243 600 250.000 263256 136936 S06.256 2916 2596S71633 All sales were on Nel cash provided by operating activities 2012 was SSD Car d 5114.20, and dividend were $8.334 2 Compune the following is for 2002. Randall al placer Sem camins per stare is (a) Faming per share Return 5 wockholders stockholders'quity in perces Cerrar c) Rctum onts d) Current ratio A sociable l ever Average collection cir current to GOODS Cable enler average collection period cerimoniorum le) Inventory turnover ) Days in intery Times interest Game 0 Asme ik) Date to assesti Gerdays in m y time in camed Gamintimes cier de stat in percentages Se free w inde 1) Fechow Problem 13-02A Your answer is partially correct. Try again. The comparative statements of Cullumber Company are presented here. CULLUMBER COMPANY Income Statements For the Years Ended December 31 2022 Net sales $1,586,400 Cost of goods sold 887,000 Gross profit 699,400 Selling and administrative expenses 420,000 Income from operations 279,400 Other expenses and losses Interest expense 18,480 Income before income taxes 260,920 Income tax expense 78,276 $ 182,644 Net income 2021 $1,470,000 845,040 624,960 402,360 222,600 16,800 205,800 61,740 $ 144,060 CULLUMBER COMPANY Balance Sheets December 31 2022 2021 Assets Current assets 2022 2021 CULLUMBER COMPANY Balance Sheets December 31 Assets Current assets Cash Debt investments (short-term) Accounts receivable 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 (54 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 50,484 62,160 98,952 105,840 317,436 545,160 $862,596 $ 53,928 42,000 86,352 97,020 279,300 437,052 $716,352 $ 134,400 36,540 S 170,940 184,800 $122,136 35,280 157,416 168,000 355,740 325,416 243,600 263,256 506,856 $862,596 252,000 138,936 390,936 $716,352 here to search a X CALCULATOR FULL SCREEN PRINTER VERSION All sales were on account. Net cash provided by operating activities for 2022 was $184,800. Capital expenditures were $114,240, and cash dividends were $58,324. Compute the following ratios for 2022. (Round all answers to 2 decimal places, c.9. 1.83 (a) Earnings per share (b) Return on common stockholders' equity (c) Return on assets (d) Current ratio (e) Accounts receivable turnover (1) Average collection period (o) Inventory turnover 21.32 days 0.74 times 41.74 days (h) Days in Inventory ) Times interest earned Asset turnover (k) Debt to assets ratio (1) Free cash flow 70560 A 001 e here to search