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The condensed financial statements of Cullumber Company for the years 20202021 are presented below: Additional data: Market value of stock at 12/31/21 is $80 per
The condensed financial statements of Cullumber Company for the years 20202021 are presented below: Additional data: Market value of stock at 12/31/21 is $80 per share. Cullumber sold 47,000 shares of common stock at par on July 1, 2021. Compute the following financial ratios by placing the proper amounts for numerators and denominato decimal places, e.g. 52.75.) (i) Debt to assets at 12/31/21 (j) Book value per share at 12/31/21
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