The following are financial statements of Pharoah Company. Pharoah Company Balance Sheet December 31, 2022...
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Accounting
The following are financial statements of Pharoah Company. Pharoah Company Balance Sheet December 31, 2022 Assets Current assets Cash Debt investments Accounts receivable (net) Inventory Total current assets Plant assets (net) Total assets $58,200 90,000 169,100 170,200487,500 $1,060,500573,000 Liabilities and Stockholders' Equity. Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity $150,000 45,000195,000207,990402,990 349,000 Additional information. The net cash provided by operating activities for 2022 was $191,600. The cash used for capital expenditures was $89,500, The cash used for dividends was $30,100, The weighted-averase common shares outstanding during the year was 50,000 (a) Compute the following values and ratios for 2022 . (We provide the results from 2021 for comparative purposes) (Round Current Ratio and Earnings per share to 2 decimal places, eg. 15.25 and Debt to ossets ratio to 1 decimal ploce, eg. 78.9\% Enter negotive amounts using either a negative sign preceding the number es -45 or parentheses eg. (45).) (i) Working capital (2021:\$160,500) (ii) Currentratio, (2021:1.65:1) (iii) Freecash flow (2021:$48,700) (iv) Debt to assets ratio (2021:31\%) (v) Earnings per share (2021:53.15) (i) Working capital (ii) Currentratio (iii) Free cash flow (iv) Debt to assets ratio $ :1 (v) Earnings per share





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