Select the labels and enter the amounts to calculate Superior's free cash flow for 2025 NCOA Cash pts for planned Invest Cash dividends 164,500 110000 47500 = Free cash flow 2000 - X Reference 114.000 5 48.000 (6.000) 9,000 1000 (1.500) Superior Exercise Equipment, Inc Statement of Cash Flows Year Ended December 31, 2024 Cash Flows from Operating Active Net income motto Reconcile et income to Net Cash Provided by (Used for Operating Activities Depreciation Expense Increase in Accounts Receivable Decrease in Merchandise Inventory Increase in Accounts Payable Decrease in Salorios Payable Net Cash Provided by (Used for Operating Acties Cash Flows from Investing Activities Cash Payment for Acquisition of Plant Assets Cash Payment for Investments Not Cash Provided by (Used for investing Activities Cash Flows from Financing Activities Cash Payment of Dividends Cash Payment of Notes Payable Cash Rompt from ince of Common Stock Net Cash Provided by (Used for Financing Activities Net Increase Decrease in Cash Cash Balance December 31, 2023 50.500 164.500 (97.000) 122.000 (119.000 147.5001 16.000 15.000 42.500 3.000 57.000 20.000 Cash Balon December 31, 2024 Current ratio 1.85 0.18 a. Compute the current ratio for the current year. (Abbreviations used: STI Short-term investments. Round your answer to two decimal places, X.XX.) Total current assets / Total current liabilities b. Compute the cash ratio for the current year. (Round your answer to two decimal places, X.XX.) Cash ratio (Cash + Cash equivalents) / Total current fiabilities c. Compute the acid-test ratio for the current year. (Round your answer to two decimal places, X.XX.) Acid-test ratio (Cash + STI + Net current receivables) / Total current liabilities d. Compute the inventory turnover for the current year. (Round your answer to two decimal places, X.XX.) Inventory turnover Cost of goods sold / Average merchandise inventory . Compute the days' sales in inventory for the current year. {Round intermediary calculations to two decimal places, XXX and round your final answer to the nearest 0.65 5 times whole day) 45 days Days' sales in inventory 365 days / Inventory turnover 73 days 1. Compute the days' sales in receivables for the current year. (Round intermediary calculations to two decimal places, XXX and round your final answer to nearest whole day) Days' sales in receivables 365 days / Accounts receivable turnover ratio 9. Compute the gross profit percentage for the current year. (Round your answer to one tenth of a percent, XX%) Gross profit percentage Financial statements X Current Year Preceding Year Balance Sheet: Cash Short-term Investments Net Accounts Receivables Merchandise Inventory Prepaid Expenses Total Current Assets Total Current Liabilities Income Statement Net Credit Sales Cost of Goods Sold 24.000 $ 19,000 42.000 66,000 90,000 241,000 130,000 28,000 20,000 76,000 62,000 12,000 198,000 86,000 474,000 320,000 Requirement 1. Calculate the profit margin ratio for 2025 and 2024. Begin by selecting the formula to calculate the profit margin ratio, Profit margin ratio = Net income - Net sales revenue Now, calculate the profit margin ratio for 2025 and 2024. (Round your answers to one tenth of a percent, XX, and do not enter the. For example, enter 10.1% as 10.1.) Profit margin ratio % 2025 % 2024 % -X Data table 2024 McKnight, Inc Comparative Income Statement Years Ended December 31, 2025 and 2024 2025 2023 Net Sales Revenue $ 180,000 $ 158,000 Cost of Goods Sold 96,500 88,000 Selling and Administrative Expenses 46,500 41,000 Interest Expense 9,000 11,000 10,000 8,000 Income Tax Expense 18,000 $10,000 Net Income Additional data Total Assets S 203,000 $ 190,000 $ 169,000 Common Stockholders' Equity 92,500 89,500 80,000 Preferred Dividends 3,500 3,500 Common Shares Outstanding During the Year 30,000 30,000 25,000 0 Begin by performing a vertical analysis of Trni Designs balance sheet for 2024, then perform the analysis for 2023. (Round the perce decimal place, XX%) Tri Designs, Inc. Balance Sheet December 31, 2024 and 2023 2024 Percent of Total 2023 Percent of Total Assets Total Current Assets $ 42.750 15.0 % $ 44,400 % Property. Plant, and Equipment, Net 208,335 73.1 % 109, 150 % Other Assets 33.915 11.9 31,450 % % 285,000 Total Assets 100.0 185,000 % Liabilities Total Current Liabilities $ 49,020 30.155 % Long-term Debt 109,155 127,650 % Total Liabilities 158,175 55.5 % 157.805 % Stockholders' Equity Total Stockholders' Equity 126,825 44,5 27,195 Total Liabilities and Stockholders' Equity 285,000 100.0 185,000 Data table 17.2 % 38.3% % Th Designs, Inc. Comparative Balance Sheet December 31, 2024 and 2023 2024 2023 44,400 42.750 $ 208,335 33,915 109,150 31.450 $ 285,000 S 185,000 Assets Total Current Assets Property, Plant, and Equipment, Net Other Assets Total Assets Liabilities Total Current Liabilities Long-term Debt Total Liabilities Stockholders' Equity Total Stockholders' Equity 49,020 $ 109,155 30.155 127.650 158,175 157,805 126,825 27,195 $ 285,000 $ 185,000 Total Liabilities and Stockholders' Equity Requirement 1. Compute Off Road Traveler's current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places. Begin by selecting the formula for each ratio Current ratio - Total current assets + Total current liabilities Debt ratio - Total liabilities + Total assets Earnings per Share = (Net Income - Preferred dividends) + Weighted average number of common shares outstanding Now.compute Off Road Traveler's current ratio, debt ratio, and earnings per share. (Round all ratios to two decimal places, XXX) Current Ratio Debt Ratio Earnings per Share 1.50 0.65 $ 1.80 Requirement 2. Compute the three ratios after evaluating the effects of each transaction. Consider each transaction separately (Round all ratios to two decimal places, XXX) (Click on the icon to view the transactions.) Current Ratio Debt Ratio Earnings per Share a Data table 19,000 81,000 184.000 635,000 99,000 Cash Accounts Receivable, Net Merchandise Inventory Total Assets Accounts Payable Accrued Liabilities Short-term Notes Payablo Long-term Liabilities Net Income Common Shares Outstanding 41,000 49,000 223,000 72,000 40,000 shares Requirement 1a. Compute the current ratios for 2024 and 2023. Begin by selecting the formula to compute the current ratio. Current ratio = Total current assets + Total current liabilities Now, compute the current ratios for 2024 and 2023. (Round your answers to two decimal places, X.XX.) Current ratio 2024 1.62 2023 1.56 Requirement 1b. Compute the cash ratios for 2024 and 2023. Begin by selecting the formula to compute the cash ratio. Cash ratio (Cash + Cash equivalents) - Total current liabilities Now, compute the cash ratios for 2024 an Cash ratio Income statement 2024 2023 Dangerfield, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 2024 2023 Net Sales Revenue $ 459,000 $ 424,000 Cost of Goods Sold 241,000 215,000 Gross Profit 218,000 209,000 Operating Expenses 136,000 134,000 Income From Operations 82,000 75,000 Interest Expense 11,000 13,000 Income Before Income Tax 71,000 62,000 Income Tax Expense 21,000 27,000 $ Net Income 50,000 $ 35,000 Select the labels and enter the amounts to calculate Superior's free cash flow for 2025 NCOA Cash pts for planned Invest Cash dividends 164,500 110000 47500 = Free cash flow 2000 - X Reference 114.000 5 48.000 (6.000) 9,000 1000 (1.500) Superior Exercise Equipment, Inc Statement of Cash Flows Year Ended December 31, 2024 Cash Flows from Operating Active Net income motto Reconcile et income to Net Cash Provided by (Used for Operating Activities Depreciation Expense Increase in Accounts Receivable Decrease in Merchandise Inventory Increase in Accounts Payable Decrease in Salorios Payable Net Cash Provided by (Used for Operating Acties Cash Flows from Investing Activities Cash Payment for Acquisition of Plant Assets Cash Payment for Investments Not Cash Provided by (Used for investing Activities Cash Flows from Financing Activities Cash Payment of Dividends Cash Payment of Notes Payable Cash Rompt from ince of Common Stock Net Cash Provided by (Used for Financing Activities Net Increase Decrease in Cash Cash Balance December 31, 2023 50.500 164.500 (97.000) 122.000 (119.000 147.5001 16.000 15.000 42.500 3.000 57.000 20.000 Cash Balon December 31, 2024 Current ratio 1.85 0.18 a. Compute the current ratio for the current year. (Abbreviations used: STI Short-term investments. Round your answer to two decimal places, X.XX.) Total current assets / Total current liabilities b. Compute the cash ratio for the current year. (Round your answer to two decimal places, X.XX.) Cash ratio (Cash + Cash equivalents) / Total current fiabilities c. Compute the acid-test ratio for the current year. (Round your answer to two decimal places, X.XX.) Acid-test ratio (Cash + STI + Net current receivables) / Total current liabilities d. Compute the inventory turnover for the current year. (Round your answer to two decimal places, X.XX.) Inventory turnover Cost of goods sold / Average merchandise inventory . Compute the days' sales in inventory for the current year. {Round intermediary calculations to two decimal places, XXX and round your final answer to the nearest 0.65 5 times whole day) 45 days Days' sales in inventory 365 days / Inventory turnover 73 days 1. Compute the days' sales in receivables for the current year. (Round intermediary calculations to two decimal places, XXX and round your final answer to nearest whole day) Days' sales in receivables 365 days / Accounts receivable turnover ratio 9. Compute the gross profit percentage for the current year. (Round your answer to one tenth of a percent, XX%) Gross profit percentage Financial statements X Current Year Preceding Year Balance Sheet: Cash Short-term Investments Net Accounts Receivables Merchandise Inventory Prepaid Expenses Total Current Assets Total Current Liabilities Income Statement Net Credit Sales Cost of Goods Sold 24.000 $ 19,000 42.000 66,000 90,000 241,000 130,000 28,000 20,000 76,000 62,000 12,000 198,000 86,000 474,000 320,000 Requirement 1. Calculate the profit margin ratio for 2025 and 2024. Begin by selecting the formula to calculate the profit margin ratio, Profit margin ratio = Net income - Net sales revenue Now, calculate the profit margin ratio for 2025 and 2024. (Round your answers to one tenth of a percent, XX, and do not enter the. For example, enter 10.1% as 10.1.) Profit margin ratio % 2025 % 2024 % -X Data table 2024 McKnight, Inc Comparative Income Statement Years Ended December 31, 2025 and 2024 2025 2023 Net Sales Revenue $ 180,000 $ 158,000 Cost of Goods Sold 96,500 88,000 Selling and Administrative Expenses 46,500 41,000 Interest Expense 9,000 11,000 10,000 8,000 Income Tax Expense 18,000 $10,000 Net Income Additional data Total Assets S 203,000 $ 190,000 $ 169,000 Common Stockholders' Equity 92,500 89,500 80,000 Preferred Dividends 3,500 3,500 Common Shares Outstanding During the Year 30,000 30,000 25,000 0 Begin by performing a vertical analysis of Trni Designs balance sheet for 2024, then perform the analysis for 2023. (Round the perce decimal place, XX%) Tri Designs, Inc. Balance Sheet December 31, 2024 and 2023 2024 Percent of Total 2023 Percent of Total Assets Total Current Assets $ 42.750 15.0 % $ 44,400 % Property. Plant, and Equipment, Net 208,335 73.1 % 109, 150 % Other Assets 33.915 11.9 31,450 % % 285,000 Total Assets 100.0 185,000 % Liabilities Total Current Liabilities $ 49,020 30.155 % Long-term Debt 109,155 127,650 % Total Liabilities 158,175 55.5 % 157.805 % Stockholders' Equity Total Stockholders' Equity 126,825 44,5 27,195 Total Liabilities and Stockholders' Equity 285,000 100.0 185,000 Data table 17.2 % 38.3% % Th Designs, Inc. Comparative Balance Sheet December 31, 2024 and 2023 2024 2023 44,400 42.750 $ 208,335 33,915 109,150 31.450 $ 285,000 S 185,000 Assets Total Current Assets Property, Plant, and Equipment, Net Other Assets Total Assets Liabilities Total Current Liabilities Long-term Debt Total Liabilities Stockholders' Equity Total Stockholders' Equity 49,020 $ 109,155 30.155 127.650 158,175 157,805 126,825 27,195 $ 285,000 $ 185,000 Total Liabilities and Stockholders' Equity Requirement 1. Compute Off Road Traveler's current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places. Begin by selecting the formula for each ratio Current ratio - Total current assets + Total current liabilities Debt ratio - Total liabilities + Total assets Earnings per Share = (Net Income - Preferred dividends) + Weighted average number of common shares outstanding Now.compute Off Road Traveler's current ratio, debt ratio, and earnings per share. (Round all ratios to two decimal places, XXX) Current Ratio Debt Ratio Earnings per Share 1.50 0.65 $ 1.80 Requirement 2. Compute the three ratios after evaluating the effects of each transaction. Consider each transaction separately (Round all ratios to two decimal places, XXX) (Click on the icon to view the transactions.) Current Ratio Debt Ratio Earnings per Share a Data table 19,000 81,000 184.000 635,000 99,000 Cash Accounts Receivable, Net Merchandise Inventory Total Assets Accounts Payable Accrued Liabilities Short-term Notes Payablo Long-term Liabilities Net Income Common Shares Outstanding 41,000 49,000 223,000 72,000 40,000 shares Requirement 1a. Compute the current ratios for 2024 and 2023. Begin by selecting the formula to compute the current ratio. Current ratio = Total current assets + Total current liabilities Now, compute the current ratios for 2024 and 2023. (Round your answers to two decimal places, X.XX.) Current ratio 2024 1.62 2023 1.56 Requirement 1b. Compute the cash ratios for 2024 and 2023. Begin by selecting the formula to compute the cash ratio. Cash ratio (Cash + Cash equivalents) - Total current liabilities Now, compute the cash ratios for 2024 an Cash ratio Income statement 2024 2023 Dangerfield, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 2024 2023 Net Sales Revenue $ 459,000 $ 424,000 Cost of Goods Sold 241,000 215,000 Gross Profit 218,000 209,000 Operating Expenses 136,000 134,000 Income From Operations 82,000 75,000 Interest Expense 11,000 13,000 Income Before Income Tax 71,000 62,000 Income Tax Expense 21,000 27,000 $ Net Income 50,000 $ 35,000