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this is all i was given Bonita Company Income Statements For the Years Ended December 31 20222021 Net sales $1,811,500$1,752,200 Cost of goods sold Gross
this is all i was given
Bonita Company Income Statements For the Years Ended December 31 20222021 Net sales $1,811,500$1,752,200 Cost of goods sold Gross profit 802,6001,008,900770,200982,000 Selling and administrative expenses Income from operations 284,000518,600297,400472,800 Other expenses and losses Interest expense Income before income taxes Income tax expense Net income \begin{tabular}{rr} 17,800 & 13,800 \\ \cline { 2 - 2 } 866,200 & 283,600 \\ 80,152 \\ \hline$186,048 & $207,200 \\ \hline \end{tabular} Bonita Company Balance Sheets December 31 Assets 20222021 Current assets Current liabilities All sales were on credit. Net cash provided by operating activities for 2022 was $242.000 Capital expenditures were $128,000.and Compute the following ratios for 2022 . (Round Eamings per share, Current ratio and Asset turnover to 2 decimal places, eg. 1.65 or 1.65:1 and all other answers to 1 decimal place, e.s. 6.8 or 6.8%. Use 365 days for calculation.) (i) Times interest earned times (j) Asset turnover times (k) Debt to assets ratio 96 (I) Free cash flow $ Sorve for Later Attempts: 0 of 1 used Bonita Company Income Statements For the Years Ended December 31 20222021 Net sales $1,811,500$1,752,200 Cost of goods sold Gross profit 802,6001,008,900770,200982,000 Selling and administrative expenses Income from operations 284,000518,600297,400472,800 Other expenses and losses Interest expense Income before income taxes Income tax expense Net income \begin{tabular}{rr} 17,800 & 13,800 \\ \cline { 2 - 2 } 866,200 & 283,600 \\ 80,152 \\ \hline$186,048 & $207,200 \\ \hline \end{tabular} Bonita Company Balance Sheets December 31 Assets 20222021 Current assets Current liabilities All sales were on credit. Net cash provided by operating activities for 2022 was $242.000 Capital expenditures were $128,000.and Compute the following ratios for 2022 . (Round Eamings per share, Current ratio and Asset turnover to 2 decimal places, eg. 1.65 or 1.65:1 and all other answers to 1 decimal place, e.s. 6.8 or 6.8%. Use 365 days for calculation.) (i) Times interest earned times (j) Asset turnover times (k) Debt to assets ratio 96 (I) Free cash flow $ Sorve for Later Attempts: 0 of 1 used Step by Step Solution
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