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The balance sheet at the end of 2020 showed approximately the same amounts as that at the end of 2019. the financial statement of klee

The balance sheet at the end of 2020 showed approximately the same amounts as that at the end of 2019. the financial statement of klee company are as follows:

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The balance sheet at the end of 2020 showed approximately the same amounts as that at the end of 2019. The financial statements of Klee Company are as follows: Klee Company, Balance Sheet for 2020 400,00 180,000 ants Payab 216,000 1.520.000 270,000 Accrued Expenses 172,800 280.000 405,000 Long-term Debt 648,000 Is: Operating Expense Prepaid Expense 45,000 Common Stock 970,560 Depreciation Expense 158,400 Property, Plant, and Equipment, net 1,350,000 Retained Earnings 242,640 Other Expense 105,600 264,000 Total Assets 2.250,000 Total Liabilities and Shareholders' Equity P 2.250,000 Income Before Interest and Taxes 616,000 Less: Interest Expense 154,000 Additional Information Income Before Taxes 462,000 Weighted Ave. Common Shares 100,D00 Dividends Per Share (Common) 0.12 Love Income Taxes 138,500 Market Price Per Share 1.65 Dividends Declared [Preferred) 40,425 Net Income 323,400 Determine the following: 1. Dividend Payout Ratio 2. Accounts Receivable Turnover 3. Inventory Turnover 4. Return on Assets 5. Return on Equity

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