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The following are financial statements of Cullumber Company. (i) Working capital. (2024:$160,500) (ii) Current ratio. (2024:1.65:1) (iii) Debt to assets ratio. (2024:31%) (iv) Earnings per

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The following are financial statements of Cullumber Company. (i) Working capital. (2024:$160,500) (ii) Current ratio. (2024:1.65:1) (iii) Debt to assets ratio. (2024:31\%) (iv) Earnings per share, (2024:\$3.15) (i) Working capital (ii) Current ratio (iii) Debt to assets ratio (iv) Earnings per share. Additional intormation: The weighted-awerage common shares outstanding during the year was 50,000 . (a) Compute the following values and ratios for 2025. (We provide the results from 2024 for comparative purposes) (Round Current Ratio and Earnings per share to 2 decimal places, e.s. 15.25:1 or 15.25 and Debt to assets ratio to 1 decimal place, e.g. 78.9\%. Entet negative amounts using either a negative sisn preceding the number e.g. 45 or parentheses c.s. (45).) (i) Working capital. (2024:5160:500) (ii) Current ratio (2024:1.65:1) (iii) Debt to asvets ratio. (2024:319) (iv) Earnings per share. (2024:\$315) Cullumber Company Balance Sheet December 31, 2025 Assets Current assets Cash $61,100 Debt investments 81,000 Accounts receivable (net) 168,800 Inventory 158,300 Total current assets 469,200 Plant assets (net) 570,000 Total assets $1,039,200 Liabilities and Stockholders' Equity. Current liabilities Accounts payable $163,000 Income taxes payable 41,000 Total current liabilities 204,000

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