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QUESTION 1 0 . Sunland Company has these comparative balance sheet data: Additional information for 2 0 2 7 : Net income was $ 3

QUESTION 10.Sunland Company has these comparative balance sheet data:
Additional information for 2027:
Net income was $31,000.
Sales on account were $380,200. Sales returns and allowances amounted to $27,700.
Cost of goods sold was $206,700.
Net cash provided by operating activities was $57,100.
Capital expenditures were $26,600, and cash dividends paid were $17,500.
The bonds payable are due in 2040.
Compute the following ratios at December 31,2027.(Round current ratio to 2 decimal places, e.g.1.83. Round accounts receivable
turnover, average collection period, inventory turnover and days in inventory to 1 decimal place, e.g.1.8. Use 365 days for calculation.)
-CURRENT RATIO
-AR TURNOVER
-AVERAGE COLLECTION PERIOD
-INVENTORY TURNOVER
-DAYS IN INVENTORY
-FREE CASH FLOW
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