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The financial statements of Bramble Company appear below: BRAMBLE COMPANY Comparative Balance Sheet December 31 2022 2021 Assets Cash Debt investments Accounts receivable (net) Inventory

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The financial statements of Bramble Company appear below: BRAMBLE COMPANY Comparative Balance Sheet December 31 2022 2021 Assets Cash Debt investments Accounts receivable (net) Inventory Property, plant and equipment (net) Total assets Liabilities and stockholders' equity, Accounts payable Short-term notes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 26,200 $ 41,700 22,400 66,100 59,300 29,500 134,000 177,000 160,000 192,008 $401,900 $506,300 $ 23,100 $ 32,100 38,400 86,900 70,800 167,000 152,600 136,000 117,000 84,300 $401,900 $506,300 BRAMBLE COMPANY Income Statement For the Year Ended December 31, 2022 Net sales (all on credit) $325,000 Cost of goods sold 173,000 Gross profit 152,000 Expenses Interest expense $11,400 Selling expenses 33,000 Administrative expenses 21,000 Total expenses 65,400 Retained earnings 117,000 Total liabilities and stockholders' equity $401,900 84,300 $506,300 BRAMBLE COMPANY Income Statement For the Year Ended December 31, 2022 Net sales (all on credit) $325,000 Cost of goods sold 173,000 Gross profit 152,000 Expenses Interest expense $11,400 Selling expenses 33,000 Administrative expenses 21,000 Total expenses 65,400 Income before income taxes 86,600 Income tax expense 35,100 Net Income $ 51,500 Additional information: a. Cash dividends of $57,900 were declared and paid on common stock in 2022 b. Weighted average number of shares of common stock outstanding during 2022 was 57,900 shares. c. Market price of common stock on December 31, 2022, was $18 per share. d. Net cash provided by operating activities for 2022 was $81,300. Using the financial statements and additional Information, compute the following ratios for the Bramble Company for 2022. (Round all answe 1. Current ratio : 1 2. Return on common stockholders' equity % 3. Price-earnings ratio times 4. Inventory turnover times 5. Accounts receivable turnover times

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