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The comparative statements of Coronado Company are presented here. Net sales Coronado Company Income Statements For the Years Ended December 31 Cost of goods sold

The comparative statements of Coronado Company are presented here. Net sales Coronado Company Income Statements For the Years Ended December 31 Cost of goods sold Gross profit Selling and administrative expenses Income from operations Other expenses and losses Interest expense 2022 $1,811.500 1,013,400 798.100 515,200 282,900 18.600 2021 $1.751.600 985,000 766,600 477,800 288.800 14,300
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The comparative statements of Coronado Company are presented here. Income Statements For the Years Ended December 31 \begin{tabular}{lrr} & 2022 & 2021 \\ Net sales & $1,811,500 & $1,751,600 \\ Cost of goods sold & 1,013,400 & 985,000 \\ \hline Gross profit & 798,100 & 766,600 \\ Selling and administrative expenses & 515,200 & 477,800 \\ \hline Income from operations & 282,900 & 288,800 \end{tabular} Other expenses and losses Interest expense Income before income taxes Income tax expense Net income Coronado Company Balance Sheets December 31 Assets 2022 Current assets \begin{tabular}{l|rr} Cash & $60,600 & $64,900 \\ Debt investments (short-term) & 68,800 & 49,100 \\ Accounts receivable (net) & 116,500 & 101,900 \\ Inventory & 122,500 & 115,000 \\ Total current assets & 368,400 & 330,900 \\ Plant assets (net) & 603,900 & 521,600 \\ Total assets & $972,300 & $852,500 \\ \hline \end{tabular} Liabilities and Stockholders' Equity Current liabilities Liabilities and Stockholders' Equity Current liabilities All sales were on credit. Net cash provided by operating activities for 2022 was $213,000. Capital expenditures were $129,000, and Cash dividends paid were $80,157. Compute the following ratios for 2022. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal ploces, es. 1.65 or 1.65:1, and all other answers to 1 decimal place, es. 6.8 or 6.8%. Use 365 days for calculation.)

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