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The condensed financial statements of Sheridan Company for the years 2020-2021 are presented below: Additional data: Market value of stock at 12/31/21 is $80 per
The condensed financial statements of Sheridan Company for the years 2020-2021 are presented below: Additional data: Market value of stock at 12/31/21 is $80 per share. Sheridan sold 49,000 shares of common stock at par on July 1, 2021. Compute the following financial ratios by placing the proper amounts for numerators and denominators. (Round per unit answers to 2 decimal places, e.g. 52.75.)
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