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The following information is available for Sheridan Corporation. Current assets Total assets 2025 2024 $ 60,270 $42,880 243,500 208.000 Current liabilities Total liabilities Net
The following information is available for Sheridan Corporation. Current assets Total assets 2025 2024 $ 60,270 $42,880 243,500 208.000 Current liabilities Total liabilities Net income 24.500 33,500 70,615 74,880 82,800 50,110 Preferred dividends 6,640 6,640 Common dividends 5,800 4,300 Common shares outstanding at beginning of year 41.500 32,800 Common shares outstanding at end of year 77,500 42,800 (a) Compute earnings per share for 2025 and 2024 for Sheridan. (Round earnings per share to 2 decimal places, e.g. 2.78.) Earnings per share $ 2025 2024 $ (b) Compute the current ratio and debt to assets ratio for each year. (Round current ratio to 2 decimal places, e.g. 15.25:1 and debt to assets ratio to O decimal places, e.g. 15%) Current ratio Debt to assets ratio 2025 % 2024 :1 %
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