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The comparative statements of Sunland Company are presented here. All sales were on credit. Net cash provided by operating activities for 2022 was $237,000. Capital
The comparative statements of Sunland Company are presented here.
All sales were on credit. Net cash provided by operating activities for 2022 was $237,000. Capital expenditures were $143,000 and cash dividends paid were $87,392. Compute the following ratios for 2022. (Round earnings per share, current ratio and asset turnover to 2 decimal places, e.g. 1.65 or 1.65:1, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%. Use 365 days for calculation.)
Sunland Company Balance Sheets December 31 Assets 2022 Current assets Liabilities and Stockholders' Equity Current liabilities Stockholders' equity Sunland Company Balance Sheets December 31 Assets 2022 Current assets Liabilities and Stockholders' Equity Current liabilities Stockholders' equity All sales were on credit. Net cash provided by operating activities for 2022 was $237,000. Capital expenditures were $143,000, and cash dividends paid were $87,392. o 2 decimal places, e.g. 1.65 or 1.65:1Step by Step Solution
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