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The comparative statements of Simpson Company are presented here: Simpson Company Balanco Sheets December 31 begin{tabular}{|l|c|c|} hline & 2022 & 2021 hline ASSETS &

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The comparative statements of Simpson Company are presented here: Simpson Company Balanco Sheets December 31 \begin{tabular}{|l|c|c|} \hline & 2022 & 2021 \\ \hline ASSETS & & \\ \hline \end{tabular} ASSETS Current Assets: All sales were on credit. Net cash provided by operating activities for 2022 was $108,000. Capital expenditures were $47,000, and cash dividends were $30,900. Instructions Compute the following ratios for 2022. (a) Earnings per share. (h) Days in inventory. (b) Retum on common stockholders' equity. (i) Times interest earned. (c) Return on assets. (j) Asset turnover. (d) Current ratio. (k) Debt to assets ratio. (e) Accounts receivable turnover. (l) Current cash debt coverage. (f) Average collection period. (m) Cash debt coverage. (g) Inventory tumover. (n) Free cash flow. FYI: make sure you indicate if your answer is: "" or "\%" or "times" or "days" (Ex: "8" = is wrong. BUT: 8 days, 8%,$8,8 times = correct) \begin{tabular}{|l|l|} \hline & Answers \\ \hline a) Earnings Per Share & \\ \hline b) Return on Common \\ Stockholders' Equity & \\ \hline c) Return on Assets & \\ \hline d) Current Ratio & \\ \hline e) Accounts Receivable & \\ \hline Turnover & \\ \hline f) Average Collection Period & \\ \hline g) Inventory Turnover & \\ \hline h) Days in Inventory & \\ \hline i) Times Interest Earned & \\ \hline j) Asset Turnover & \\ \hline k) Debt to Assets & \\ \hline I) Current Cash Debt \\ Coverage & \\ \hline m) Cash Debt Coverage & \\ \hline n) Free Cash Flow & \\ \hline \end{tabular}

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