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The comparative statements of Wahlberg Company are presented here. Wahlberg Company Balance Sheets December 31 Assets 20222021 Current assets Liabilities and Stockholders' Equity Current liabilities
The comparative statements of Wahlberg Company are presented here. Wahlberg Company Balance Sheets December 31 Assets 20222021 Current assets Liabilities and Stockholders' Equity Current liabilities Accounts payable \begin{tabular}{rrr} $160,000 & & $145,400 \\ 43,500 & & 42,000 \\ 203,500 & & 187,400 \\ 220,000 & & 200,000 \\ \hline \end{tabular} All sales were on credit. Net cash provided by operating activities for 2022 was $220,000. Capital expenditures were $136,000, and cash dividends paid were $70,000. 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.) All sales were on credit. Net cash provided by operating activities for 2022 was $220,000. Capital expenditures were $136,000, and cash dividends paid were $70,000. 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.) All sales were on credit. Net cash provided by operating activities for 2022 was $220,000. Capital expenditures were $136,000, and cash dividends paid were $70,000. 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.) All sales were on credit. Net cash provided by operating activities for 2022 was $220,000. Capital expenditures were $136,000, and cash dividends paid were $70,000. 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.)
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