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The following is the balance sheet and income statement for Metro Eagle Outfitters, in condensed form, plus some Information from the cash flow statement. 2022
The following is the balance sheet and income statement for Metro Eagle Outfitters, in condensed form, plus some Information from the cash flow statement. 2022 $ 637,992 47,821 339,452 124,335 1,148,800 579,332 $ 1,728,132 $ 450,482 586, 245 1,221,887 $ 1,728,132 2021 $ 752,844 41,010 381,514 126,920 1,301,488 636,982 $ 1,938,470 $426,401 519,886 1,418,584 $ 1,938, 470 202e $ 741,693 38, 121 308, 208 100,388 1,188, 410 583, 302 $ 1,771, 712 $ 394,837 419, 241 1,352,471 $ 1,771, 712 Balance Sheet Cash and short-term investments Accounts receivable Inventory Other current assets Total current assets Long-lived assets Total assets Current liabilities Total liabilities Shareholders' equity Total liabilities and equity Income Statement Sales Cost of sales Gross margin Operating expenses Earnings before interest and taxes Net income Interest paid in cash Taxes paid in cash Cash Flows Cash flow from operations Capital expenditures Dividends $ 3,477,202 2,092,480 $ 1,384,722 981,984 $ 482,738 $ 239,108 87 142,789 $ 3,120, 765 1,982,471 $ 1,138,294 862,385 $ 275,989 $ 152,405 189 100,106 $ 2,946, 694 1,770, 143 $ 1,176,551 858,476 $ 318, 075 $ 141, 347 168 46,437 $ 538,171 94,639 86,292 $ 443,817 90,866 86,292 $ 387,416 77,304 83,866 Required: Calculate the following liquidity ratlos for Metro Eagle In 2021 and 2022 1. Inventory turnover. 2. Current ratio. 3. Quick ratlo. 4. Cash flow ratio. Required: Calculate the following liquidity ratios for Metro Eagle in 2021 and 2022 1. Inventory turnover. 2 Current ratio. 3. Quick ratlo. 4. Cash flow ratio. Inventory Turnover 2022 2021 Numerator Denominator Current Ratio 2022 2021 Numerator Denominator Quick Ratio 2022 2021 Numerator Denominator Cash Flow Ratio 2022 2021 Numerator Denominator
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