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The comparative statements of Oriole Company are presented here. Oriole Company Income Statements For the Years Ended December 31 2025 2024 Net sales $1,660,400
The comparative statements of Oriole Company are presented here. Oriole Company Income Statements For the Years Ended December 31 2025 2024 Net sales $1,660,400 $1,540,000 Cost of goods sold 927,000 885,280 Gross profit 733,400 654,720 Selling and administrative expenses 440,000 421,520 Income from operations 293,400 233,200 Other expenses and losses Interest expense 19,360 17,600 Income before income taxes 274,040 215,600 Income tax expense 82,212 64,680 Net income $191,828 $150,920 Oriole Company Balance Sheets December 31 2025 2024 Assets Current assets Cash $52,888 $56,496 Debt investments (short-term) 65,120 44,000 Accounts receivable (net) 103,664 90,464 Inventory 110,880 101,640 Total current assets 332,552 292,600 Plant assets (net) 571,120 457,864 Total assets $903,672 $750,464 Liabilities and Stockholders' Equity. Current liabilities Accounts payable $140,800 $127,952 Income taxes payable 38,280 36,960 Total current liabilities 179,080 164,912 Bonds payable 193,600 176,000 Total liabilities 372,680 340,912 Stockholders' equity Common stock ($5 par) 255,200 264,000 Retained earnings 275.792 145.552 Liabilities and Stockholders' Equity Current liabilities Accounts payable $140,800 $127,952 Income taxes payable 38,280 36,960 Total current liabilities 179,080 164,912 Bonds payable 193,600 176,000 Total liabilities 372,680 340,912 Stockholders' equity Common stock ($5 par) 255,200 264,000 Retained earnings 275,792 145,552 Total stockholders' equity 530,992 409,552 Total liabilities and stockholders' equity $903,672 $750,464 All sales were on credit. Net cash provided by operating activities for 2025 was $193,600. Capital expenditures were $119,680, and cash dividends paid were $61,588. Compute the following ratios for 2025. (Round Debt to asset ratio and Free cash flow to O decimal places, e.g. 15 or 15%, Earnings per share, Return on assets, Current ratio and Asset turnover to 2 decimal places, e.g. 1.83 or 1.83% and all other answers to 1 decimal place, e.g. 1.8 or 1.8%. Use 365 days for calculations.) Compute the following ratios for 2025. (Round Debt to asset ratio and Free cash flow to O decimal places, e.g. 15 or 15%, Earnings per share, Return on assets, Current ratio and Asset turnover to 2 decimal places, e.g. 1.83 or 1.83% and all other answers to 1 decimal place, e.g. 1.8 or 1.8%. Use 365 days for calculations.) a. Earnings per share b. Return on common stockholders' equity C. Return on assets d. Current ratio e. Accounts receivable turnover f. Average collection period g. Inventory turnover h. Days in inventory i. Times interest earned j. Asset turnover k. Debt to assets ratio I. Free cash flow $ +A $ % di % :1 times days times days times times % do
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