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The following table presents the data for CoDo Inc. as of December 31, 2018: Accounts payable $126,000 Accounts receivable $165,000 Cash and cash equivalents
The following table presents the data for CoDo Inc. as of December 31, 2018: Accounts payable $126,000 Accounts receivable $165,000 Cash and cash equivalents $106,000 COGS $271,600 Common stock $1,090,000 Depreciation $42,000 Dividend payout ratio 40% Interest paid $38,596 Inventory $175,000 Long-term debt $1,856,000 Net fixed assets $2,932,000 Sales $440,000 $142,872 31% Short-term debt Tax rate Calculate the following financial ratios for CanDa Inc. in the fiscal year of 2019 (round all answers to six decimal places):
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