The comparative statements of Sheffield Company are presented here. Sheffield Company Balance Sheets December 31...

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Accounting

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The comparative statements of Sheffield Company are presented here. Sheffield Company Balance Sheets December 31 Assets 20222021 Current assets Liabilities and Stockholders' Equity Current liabilities Accounts payable $160,100$144,700 Income taxes payable Total current liabilities 203,40043,300186,10041,400 Bonds payable 220,000200,000 All sales were on credit. Net cash provided by operating activities for 2022 was $247,000. Capital expenditures were $133,000, and cash dividends paid were $105,145. Compute the following ratios for 2022. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, e.g. 1.65 or 1.65:1, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%. Use 365 days for calculation.) (c) Return on assets % (d) Current ratio :1 (e) Accounts receivable turnover times (f) Average collection period days (g) Inventory turnover times (h) Days in inventory days (i) Times interest earned times (j) Asset turnover times (k) Debt to assets ratio % (I) Free cash flow Save for Later Attempts: 0 of 1 used Submit

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