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Sandhill Company has these comparative balance sheet data: Additional information for 2025 : 1. Net income was $21,000. 2. Sales on account were $350,000. Sales
Sandhill Company has these comparative balance sheet data: Additional information for 2025 : 1. Net income was $21,000. 2. Sales on account were $350,000. Sales returns and allowances amounted to $21,000. 3. Cost of goods sold was $210,000. 4. Net cash provided by operating activities was $54,000. 5. Capital expenditures were $20,000, and cash dividends paid were $12,000. 6. The bonds payable are due in 2038 . Compute the following ratios at December 31, 2025. (Round current ratio and inventory turnover to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.) e. Days in inventory days Free cash flow $ Selected hypothetical comparative statement data for the giant bookseller Barnes \& Noble are presented here. All balance sheet data are as of the end of the fiscal year (in millions). Compute the following ratios for 2025. (Round asset turnover to 2 decimal places, e.g 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5%) a. Profit margin % b. Asset turnover times c. Return on assets % d. Return on common stockholders' equity % e. Gross profit rate %
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