Condensed balance sheet and income statement data for Cullumber Corporation are presented here. Additional information:...
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Accounting
Condensed balance sheet and income statement data for Cullumber Corporation are presented here. Additional information: 1. The market price of Cullumber's common stock was $7,00,57.50, and 58.50 for 2020,2021 , and 2022, respectively 2. You must compute dividents declared All declared dividends were paid in cash in the year-of declaration. Compute the following ratios for 2021 and 2022. (Round Asset turnover and Earninss per shore to 2 decimal places, es. 1.65. Round payout ratio and debt to assets ratlo to 0 decimal ptaces. es. 18%. Round all other answers to 1 decimal ptoce, es. 6.8 or 6.8% )
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