Compute these values and ratios for 2021 and 2022. (Round Earnings per share to 2 decimal places, e.g. $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 e.g. -45 or parentheses e.g. (45).) /10Sales revenue$794,580$696,600Cost of goods sold468,000410,000Operating expenses (including income taxes)252,000226,000Net income$74,580$ 60,600Additional information:Net cash provided by operating activities$85,800$58,000Cash used for capital expenditures$40,500$39,000Dividends paid$28,000$14,000Weighted-average common shares outstanding33,00030,000Compute these values and ratios for 2021 and 2022. (Round Earnings per share to 2 decimal places, e.g. $2.78 and Current Ratio and Debtto assets ratio to 1 decimal place, e.g. 15.2. Enter negative amounts using either a negative sign preceding the number e.g.-45 or parenthesese.g. (45).)20222021(a)Earnings per share.(b)Working capital.(c)Current ratio.:1:1(d)Debt to assets ratio.(e)Free cash flow.I!%24%24%24%24%24%24 Condensed balance sheet and income statement data for Pharoah Company are presented as follows.Pharoah CompanyBalance SheetsDecember 31Assets20222021Cash$29,000$21,000Receivables (net)70,00056,000Other current assets91,00072,600Long-term investments62,40059,700Property, plant, and equipment (net)515,000469,000Total assets$767,400678,300Liabilities and Stockholders' EquityCurrent liabilities$76,000$68,000Long-term liabilities81,50091,000Common stock333,000291,500Retained earnings276,900227,800Total liabilities and stockholders' equity$767,400$ 678,300Pharoah CompanyIncome StatementsFor the Years Ended December 3120222021Sales revenue$794,580$696,600Cost of goods sold468,000410,000Operating expenses (including income taxes)252,000226,000Net income$74,580$ 60,600Additional information:Net cash provided by operating activities$85,800$58,000Cash used for capital expenditures$40,500$39.000Dividends paid$28,000$14,000Weighted-average common shares outstanding33,00030,000

The Balance Sheet and Income Statement of two years of a Company are given.

-/ 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 $4 (c) Current ratio. :1 :1 (d) Debt to assets ratio. (e) Free cash flow. 2$ $

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 19P

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