The following data are taken from the financial statements of Pharoah Company as of the end of the year 2022. The data are in alphabetic Accounts payable Accounts receivable Cash $55,040 $27,000 Net income 65,000 Other current liabilities 35,000 Salaries and wages payable 169,500 Total assets 62,100 Total liabilities 17,800 5,200 Gross profit 275,000 Income before income taxes 176,000 Additional information: The average common shares outstanding during the year was 43,000. irse Compute the following: (Round current ratio and earnings per Share to 2 decimal places, es $2.51) (a) Current ratio 1.56 :1 (b) Working capital (c) Earnings per share $ (d) Debts to assets ratio eTextbook and Media eTextbook Attempts:0 of 3 used Save for Later Submit Answe