q The comparative statements of Lily Company...
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The comparative statements of Lily Company are presented here. Question 8 of 8 . \begin{tabular}{lrrr} Income tax expense & 79,444 & 77,100 \\ Net income & $183,456 & $192,500 \\ \hline \end{tabular} Lily Company Balance Sheets December 31 Assets 20222021 Current assets Liabilities and Stockholders' Equity All sales were on credit. Net cash provided by operating activities for 2022 was $209,000. Capital expenditures were $125,000, and cash dividends paid were $79.756 Compute the following ratios for-2022. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, e.g- 165 ar 165.1 and all ather answers th 1 derimal nlare o a 68 ar 68% Use. 365 davs for calculation.) (e) Accounts receivable turnover times (f) Average collection period. days (g) Inventory turnover times (h) Days in inventory days (i) Times interest earned times (i) Asset turnover times. (k) Debt to assets ratio (I) Free cash flow eTextbook and Media Stive for Liter %
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