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Sunland Company has these comparative balance sheet data: Additional information for 2022 1. Net income was $24.100. 2. Sales on account were $410,200. Sales returns
Sunland Company has these comparative balance sheet data: Additional information for 2022 1. Net income was $24.100. 2. Sales on account were $410,200. Sales returns and alliowances amourted to $20,200 3. Cost of goods sold was $198,000. 4. Net eanh provided by operating activities was 545,000 5. Capital expenditures were $23,400, and cach dididendi paid were $10,300. 6. The bonds payable are due in 2035 . Compute the followins ratios at December 32:2022, (hound current robio to 2 decind/ fioces e3. 1.67. Round Acrounts recelvable
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