The following data are taken from the financial statements of Sandhill Co.. The data are in...

 

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The following data are taken from the financial statements of Sandhill Co.. The data are in alphabetical order. Accounts payable $26,800 Net sales $534,000 Accounts receivable 69,000 Other current liabilities 28,500 Average common shares out. 20,000 Salaries and wages payable 6,400 Cash 57,485 Stockholders' equity 131,150 Gross profit 170,000 Total assets 305,000 Net income 45,000 Compute the following: (Round current ratio and earnings per share to 2 decimal places, e.g. 2.51.) (a) Current ratio (b) Working capital $ (c) Earnings per share (d) Debt to assets ratio eTextbook and Media :1 % The following data are taken from the financial statements of Sandhill Co.. The data are in alphabetical order. Accounts payable $26,800 Net sales $534,000 Accounts receivable 69,000 Other current liabilities 28,500 Average common shares out. 20,000 Salaries and wages payable 6,400 Cash 57,485 Stockholders' equity 131,150 Gross profit 170,000 Total assets 305,000 Net income 45,000 Compute the following: (Round current ratio and earnings per share to 2 decimal places, e.g. 2.51.) (a) Current ratio (b) Working capital $ (c) Earnings per share (d) Debt to assets ratio eTextbook and Media :1 %