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Cullumber Company provides you with the following balance sheet information as of December 31, 2025. Current assets Long-term assets Total assets $9,600 Current ratio 22,260 Working capital $31,860 Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $ $10,000 In addition, Cullumber reported net income for 2025 of $13,440, income tax expense of $2,688, and interest expense of $1,092. 11,760 Compute the current ratio and working capital for Cullumber for 2025. (Round current ratio to 2 decimal places, e.g. 2.75. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) :1 10,100 $31,860

Cullumber Company provides you with the following balance sheet information as of December 31,2025. In addition, Cullumber reported net income for 2025 of $13,440, income tax expense of $2,688, and interest expense of $1,092. Compute the current ratio and working capital for Cullumber for 2025. (Round current ratio to 2 decimal places, es: 2.75. Enter negotive amounts using either a negotive sign preceding the number es. -45 or parentheses eg (45)J Assume that at the end of 2025. Cullumber used $2,520 cash to pay off $2,520 of accounts payable. How would the current ratio and working capital have changed? (Round carrent ratio to 2 decimal places, es 2.75. Enter negative amounts using elther a negative sign preceding the number es. -45 or porentheses es. (45)] Current ratio 1 Working capital eTextbook and Media Compute the debt to assets ratio and the times interest earned for Cullumber for 2025. (Round debt to assets rotio to 0 decimal places, es. 25% and times interest eorned to 1 decimal place, es. 27.5. Debt to assets ratio % Times interest earned times

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