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The financial statements of Spestop Company appear below: Supertramp COMPANY Comparative Balance Sheet December 31, 2022 Assets Cash Debt investments Accounts receivable (net) Inventory Property,
The financial statements of Spestop Company appear below: Supertramp COMPANY Comparative Balance Sheet December 31, 2022 Assets Cash Debt investments Accounts receivable (net) Inventory Property, plaot and equipment (net). Total assets Liabilities and stockholders' equity Accounts payable Income taxes payable 2022 $ 120,200 2021 $128,400 148,000 100,000 235,600 205,000 252,000 231,000 1,298,000 1,040,800 $2.053.800 $1.705.800 Bonds payable Common stock Retained eamings Total liabilities and stockholders' equity $ 320,000 87,000 $ 290,800 84,000 440,000 400,000 580,000 600,000 626,800 330,800 $2.053.800 $1.075.600 Supertramp COMPANY Income Statement For the Year Ended December 31, 2022 Net sales (all on credit). $3,781,080 Cost of goods sold 2,117,080 Gross profit 1,664,000 Expenses Selling and administrative expenses Interest expense Total expenses Income before income taxes Income tax expense Net income Additional information: B $1,000,000 44.000 1,044,000 820,000 184,000 438.000 Cash dividends of $140,000 were declared and paid on common stock in 2022. b. Weighted-average number of shares of common stock outstanding during 2022 was 100,000 shares 0. Net cash provided by operating activities during 2022 was $440,000 d. Capital expenditures during 2022 were $272,000. Editor Reuse F Instructions Using the financial statements and additional information, compute the following ratios for the Supertramp Company for 2020. You Must show all computations. 1. Gross profit rate 2. Return on common stockholders' equity. 3. Return on assets 4. Accounts receivable turnover 5. Average collection period, 8. Inventory turnover, 7. Days in inventory, 8. Times interest earned 9. Asset turnover 10. Free cash flow 11. Profit margin
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