Question: HELP ASAP PLEASE! Comparative financial statement data of Dangerfield, Inc. follow (Click the icon to view the income statement) (Click the icon to view the












Comparative financial statement data of Dangerfield, Inc. follow (Click the icon to view the income statement) (Click the icon to view the balance sheet) (Click the icon to view the additional financial information) Read the requirements - Income Statement . X ible in: 8 ible Editia Dangerfield, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 2024 2023 Net Sales Revenue $ 468,000 $ 431,000 000000 20 non Print Done Income Statement ible in: 8 ible Cost of Goods Sold 238,000 218,000 Hditional fil Gross Profit 230,000 138,000 213,000 136,000 Operating Expenses Income From Operations a 92,000 10,000 77,000 16,000 Interest Expense Print Done ing: 03:14 al t Income Statement Income From Operations Interest Expense Income Before Income Tax Income Tax Expense Net Income Print 92,000 77,000 10,000 16,000 82,000 61,000 22,000 24,000 $ 60,000 $ 37,000 Done - - X Xible n: 8 ible dditional financ ing: 03:14:34 cia Balance Sheet - X to to 2024 2023 2022 Assets Current Assets: Cash $ Accounts Receivables, Net 90,000 $ 112,000 88,000 114,000 $ 106,000 th 450.000 16 206.000 Print Done Mikla ncia h to Balance Sheet 1 1 n to Merchandise Inventory 150,000 16,000 205,000 Prepaid Expenses Total Current Assets 160,000 6,000 368,000 213,000 Property, Plant, and Equipment, Net 368,000 178,000 Total Assets $ 581,000 $546,000 th $597,000 Print Done Raindlal Rannikla SI Balance Sheet - al in Liabilities Total Current Liabilities $ 229,000 $ 121,000 Long-term Liabilities Total Liabilities 243,000 100,000 350,000 343,000 Print Done This question: 8 maintal Recikla S Balance Sheet X al in Stockholders' Equity Preferred Stock, 3% Common Stockholders' Equity, no par 102,000 129,000 102,000 101,000 90,000 $ 581,000 $ 546,000 Total Liabilities and Stockholders' Equity Selected 2022 amounts Print U Done audi Sladd or Uanger leo, inc. TOHOW: Now, compute the current ratios for 2024 and 2023. (Round your answers to two decimal places, X.XX.) Current ratio 2024 2023 Requirement 1b. Compute the cash ratios for 2024 and 2023 Time Romaininn 0221 Now, compute the cash ratios for 2024 and 2023. (Round your answers to two decimal places, X.XX.) Cash ratio 2024 2023 Requirement 1c. Compute the times-interest-earned ratios for 2024 and 2023. Comparative financial statement data of Dangerfield, Inc. follow: Now, compute the times-interest-earned ratios for 2024 and 2023. (Round your answers to two decimal places, X.XX.) Times-interest-earned ratio 2024 2023 Requirement 1d. Compute the inventory turnover ratios for 2024 and 2023. - Inventory turnover ratio 2024 2023 Requirement te. Compute the gross profit percentage for 2024 and 2023 Now, compute the gross profit percentage for 2024 and 2023. (Round your answers to one tenth of a percent, X.X. Do not enter the %. enter 10.2% as 10.2.) Gross profit % 2024 % 2023 % Damiamant of Commide the data aste ting for 2004 and 2005
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