-/ 10 Sales revenue $794,580 $696,600 Cost of goods sold 468,000 410,000 Operating expenses (including income taxes) 252,000 226,000 Net income $74,580 $60,600 Additional information: Net cash provided by operating activities $85,800 $58,000 Cash used for capital expenditures $40,500 $39,000 Dividends paid $28,000 $14,000 Weighted-average common shares outstanding 33,000 30,000 Compute these values and ratios for 2021 and 2022. (Round Earnings per share to 2 decimal places, eg. $2.78 and Current Ratio and Debt to assets ratio to 1 decimal place, e.g. 15.2. Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) 2022 2021 (a) Earnings per share. $ $ (b) Working capital. 24 $4 (c) Current ratio. :1 :1 (d) Debt to assets ratio. (e) Free cash flow. 2$ $
-/ 10 Sales revenue $794,580 $696,600 Cost of goods sold 468,000 410,000 Operating expenses (including income taxes) 252,000 226,000 Net income $74,580 $60,600 Additional information: Net cash provided by operating activities $85,800 $58,000 Cash used for capital expenditures $40,500 $39,000 Dividends paid $28,000 $14,000 Weighted-average common shares outstanding 33,000 30,000 Compute these values and ratios for 2021 and 2022. (Round Earnings per share to 2 decimal places, eg. $2.78 and Current Ratio and Debt to assets ratio to 1 decimal place, e.g. 15.2. Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) 2022 2021 (a) Earnings per share. $ $ (b) Working capital. 24 $4 (c) Current ratio. :1 :1 (d) Debt to assets ratio. (e) Free cash flow. 2$ $
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 6MCQ
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Compute these values and ratios for 2021 and 2022. (Round Earnings per share to 2 decimal places, e.g. $2.78 and
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