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Using the below financial statements, calculate the following ratios for the 2021 year end ONLY -Accounts payable tumover -Days payables outstanding - Cash conversion cycle

Using the below financial statements, calculate the following ratios for the 2021 year end ONLY
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-Accounts payable tumover -Days payables outstanding - Cash conversion cycle -Debt ratio -Times interest earned ratio - Gross profit percentage -Operating income percentage -Asset tumover -Return on total assets - Leverage ratio -Return on common shareholders equity - Eamings per share of common stock -Price/ earmings ratio -Dividend yield - Book value per share of common stock Kate's Cakes Income Statement Year ended November 30, 2021 Revenue - Net (Net sales) Cost of goods sold Gross profit Expenses Advertising and promotion Amortization Bank charges Insurance Interest on long-term debt Office Professional fees Salaries and benefits Utilities Total Expenses Net income Kate's Cakes Statement of Retained Earnings Year ended November 30, 2021 Kate's Cakes Statement of Retained Earnings Year ended November 30, 2021 Balance Sheet November 30, 2021 Assets Current Cash Accounts receivable - Net of AFDA Inventory Prepaid expenses Total current assets Liabilities \begin{tabular}{|l|r|r|rrr|} \hline Accounts payable & $ & 3,710 & & $ & 5,860 \\ \hline Uneamed revenue & $ & 2,340 & & $ & 1,660 \\ \hline Current portion of long-term debt & $ & 3,600 & & $ & 3,600 \\ \hline Total current liabilities & $ & 9,650 & & $ & 11,120 \\ \hline Long-term debt & $ & 18,000 & & $ & 21,600 \\ \hline Total Liabilitics & $ & 27,650 & $ & 32,720 \\ \hline \end{tabular} Sharcholders' Equity Share capital, unlimited common shares authorized, 1,000 issued and outstanding Retained eamings Total Liabilities and Shareholders' Equity Other Information: Market price per share of Kate's Cakes was \$25 per share as of November 30, 2021

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