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The 2023 financial statements of Outdoor Waterworks Inc. follow: Outdoor Waterworks Inc.Income StatementFor Year Ended December 31, 2023Net sales$1,146,000 Cost of goods sold: Inventory, Dec.

The 2023 financial statements of Outdoor Waterworks Inc. follow:

Outdoor Waterworks Inc.Income StatementFor Year Ended December 31, 2023Net sales$1,146,000 Cost of goods sold: Inventory, Dec. 31, 2022$84,360 Purchases 618,840 Goods available for sale$703,200 Inventory, Dec. 31, 2023 61,740 Cost of goods sold 641,460 Gross profit from sales$504,540 Operating expenses 291,360 Operating profit$213,180 Interest expense 13,200 Profit before taxes$199,980 Income taxes 19,764 Profit$180,216

Outdoor Waterworks Inc.Balance SheetDecember 31, 2023Assets Cash$24,000 Current non-strategic investments 26,640 Accounts receivable, net 53,880 Notes receivable 12,360 Inventory 61,740 Prepaid expenses 6,120 Plant and equipment, net 335,520 Total assets$520,260 Liabilities and Equity Accounts payable$49,560 Accrued wages payable 6,600 Income taxes payable 7,500 Long-term note payable, secured by mortgage on plant 119,400 Common shares, 160,000 shares 201,000 Retained earnings 136,200 Total liabilities and equity$520,260

Assume all sales were on credit. Also assume the long-term note payable is due in 2026, with no current portion. On the December 31, 2022, balance sheet, the assets totalled $441,720, common shares were $201,000, and retained earnings were $113,040. Required: Calculate the following: (Use 365 days in a year. Do not round your intermediate calculations. Round the answers to 2 decimal places.) calculate

current ratio

days"s sales uncollected

inentory turnover

days. sales in invetory

ratio of pledged plant assets to secured liabilities

times interest earned

profit margin

total asset turnover

return on total assets

return on common shareholder's equity

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