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The financial statements of Skysong Company appear below: Additional information: a. Cash dividends of $23,300 were declared and paid in 2020 . b. Weighted-average number
The financial statements of Skysong Company appear below: Additional information: a. Cash dividends of $23,300 were declared and paid in 2020 . b. Weighted-average number of shares of common stock outstanding during 2020 was 34,650 shares. c. Market value of common stock on December 31, 2020, was $24 per share. Using the financial statements and additional information, compute the following ratios for Skysong Company for 2020. (Use 365 days for calculation. Round answers to 1 decimal place, e.g. 52.7.)
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