The comparative statements of Sheridan Company are presented here. Net sales Cost of goods sold Gross profit Selling and administrative expenses Income from operations Other expenses and losses Interest expense Income before income taxes SHERIDAN COMPANY Income Statements For the Years Ended December 31 Income tax expense Net income Assets Current assets Cash 2022 $1,896,870 1,064,445 832,425 509,000 323,425 23,600 299,825 93,325 $ 206,500 SHERIDAN COMPANY Balance Sheets December 31 2022 2021 $1,759,500 $59,121 1,015,000 744,500 488,000 256,500 21,600 234,900 74,600 $ 160,300 2021 $64,200

Liabilities and Stockholders' Equity Current liabilities The comparative statements of Sheridan Company are presented here. All sales were on account. Net cash provided by operating activities for 2022 was $247,260. Capital expenditures were $136,000, and cash dividends were $59,479. Compute the following ratios for 2022. (Round current ratio, earnings per share and asset turnover to 2 decimal ploces, 281.83 and all other answers to 1 decimal place, eg. 1.8 or 2.5%. Use 365 doys in calculation)