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Selected information from Bigg Company's financial statements follows: Selected information from Bigg Company's financial statements follows Selected informabon from B'9g Company's financi31 statements follows; Fiscal
Selected informabon from B'9g Company's financi31 statements follows; Fiscal Year Ended December 31 Gross sales Less: Sales discounts Less: Sales returns and allowances Net sales Cost Of goods sold Gross profit Operating expenses Operating Other income (expenses) Net income Accounts receivable Less: Allowance for doubtful accounts Net accounts receivable Required: 1. Calculate the follovuing ratios for 2022 and 2023. 2023 $2,004,719 4,811 2,406 621,463 577,369 $798,670 15,973 $e14,643 2023 $201,290 2,516 $198,774 2022 (in thousands) 649 2,324 619,847 595,226 $7C?975 (6,310) $703,665 At December 31 2022 (in thousands) $195,427 2,736 $192,691 2021 4,406 2,203 660,955 583,555 $584,868 (8,773) $576,095 2021 $182,642 2,192 $180,450 Round your answers to two decimal places.
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