Question: please have it to where it does not cut off on the sides thank you! Tanfield, Inc. Comparative Balance Sheet December 31, 2024 and 2023









Tanfield, Inc. Comparative Balance Sheet December 31, 2024 and 2023 2024 2023 2022 Tanfield, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 2024 2023 Net Sales Revenue $ 461,000 $ 429,000 241,000 216,000 Cost of Goods Sold Gross Profit 220,000 213.000 137.000 135,000 Operating Expenses Income From Operations 83.000 78,000 Interest Expense 9,000 10,000 $ 94,000 $ Assets Current Assets Cash Accounts Receivables, Net Merchandise Inventory Prepaid Expenses 92,000 107.000 149.000 12.000 115,000 $ 107,000 160,000 200,000 9,000 Print Done Print Dono EVEN UUS 362.000 220.000 376,000 179.000 Net Sales Revenue $461,000 $ 429,000 241,000 216,000 $ 582,000 $ 555,000 $595,000 Total Current Assets Property, Plant, and Equipment, Net Total Assets Llabilities Total Current Liabilities Long-term Liabilities Total Liabilities 220,000 137.000 213,000 135.000 $ 228,000 $ 247,000 114,000 99,000 Cost of Goods Sold Gross Profit Operating Expenses Income From Operations Interest Expense Income Before Income Tax 83,000 9.000 78,000 10,000 342,000 346.000 Income Tax Expense Stockholders' Equity Preferred Stock, 4% 74,000 68,000 10,000 25,000 55,000 $ 43,000 96,000 90.000 Net Income Liabilities Total Current Liabilities the icon to view the additional financial information) $ 228,000 $ 114,000 Long-term Llabilities Total Liabilities 247,000 99.000 requirements 342.000 346,000 Stockholders' Equity Preferred Stock, 4% Common Stockholders' Equity, no par Total Liabilities and Stockholders' Equity * Selected 2022 amounts 98.000 142.000 98.000 111,000 555,000 89,000 $ 582,000 $ BLER Comparative financial statement data of Tanfield, Inc. follow. Requirement 1a. Compute the current ratios for 2024 and 2023. Begin by selecting the formula to compute the current ratio. Current ratio Now.compute the current ratios for 2024 and 2023. (Round your answers to two decimal places, XXX) Current ratio 2024 2023 Requirement 1b. Compute the cash ratios for 2024 and 2023 Begin by selecting the formula to compute the cash ratlo. Cash ratio Now.compute the cash ration for 2024 and 2023. (Round your answers to two decimal places, XXX) Comparative financial statement data of Tanfield, Inc. follow Cash ratio 2024 2023 Requirement 16. Compute the times-interest-eamed ratios for 2024 and 2023 Begin by selecting the formula to computo the times-interest-earned ratio Times-interest-eamed ratio Now, compute the times-interest-earned ration for 2024 and 2023. (Round your answers to two decimal places, X.XX) Times interest-eared ratio 2024 2023 Requirement 1d. Compute the inventory turnover ratios for 2024 and 2023 Begin by selecting the formula to compute the inventory turnover ratio Requirement 1d. Compute the inventory turnover ratios for 2024 and 2023. Begin by selecting the formula to compute the inventory turnover ratio. Inventory turnover ratio Now, compute the inventory turnover ratios for 2024 and 2023. (Round your anwers to two decimal places, XXX) Inventory turnover ratio 2024 2023 Requirement 1e. Compute the gross profit percentage for 2024 and 2023. Begin by selecting the formula to compute the gross profit percentago. Gross profit percentage - Now, compute the gross profit percentage for 2024 and 2023. (Round your answers to one tenth of a percent, XX. Do not enter the For example, enter 102 AR Comparative financial statement data of Tanfield, Inc. follow Gross profit % 2024 2023 Requirement 11. Compute the debt to equity ratios for 2024 and 2023 Begin by selecting the formula to compute the debt to equilty ratio Debt to equity ratio Now, compute the debt to equity ratios for 2024 and 2023. (Round your answers to two decimal places, XXX) Debt to equity ratio 2024 2023 Requirement 1g. Compute the rate of return on common stockholders' equity for 2024 and 2023. Begin by selecting the formula to compute the rate of return on common stockholders' equity. Comparative financial statement data of Tanfield, Inc. follow, Requirement 1g. Compute the rate of return on common stockholders' equity for 2024 and 2023. Begin by selecting the formula to compute the rate of return on common stockholders' equity Rate of return on common stockholders' equilty Now, compute the rate of return on common stockholders' equity for 2024 and 2023. (Round your answers to one tenth of a porcent, XX. Do not enter the 10.2) Rate of return on common stockholders equity % 2024 % 2023 % Requirement 1h. Compute the earnings per share of common stock for 2024 and 2023. Begin by selecting the formula to compute the earnings per share of common stock Earnings per share LEER Comparative financial statement data of Tanfield, Inc. follow: Now, compute the earnings per share for 2024 and 2023 (Round your answers to the nearest cent, SX.XX.) Earnings per share of common stock 2024 2023 Requirement 11. Compute the pricelearnings ratio for 2024 and 2023. Begin by selecting the formula to compute the price/earnings ratio. Price/eaminge ratio Now, compute the price/comings ratio for 2024 and 2023. (Round your interim calculations and final answers to two decimal placen, XXX) Price/earnings ratio 2024 2023 Requirement 2. Decide (al whether Tanfield's ability to av debts and to sell inventorv improved or deteriorated during 2024 and (b) whether the investment at Requirement 2. Decide (a) whether Tanfield's ability to pay debts and to set inventory improved or deteriorated during 2024 and (b) whether the investment attractiveness of its common stock appears to have increased or decreased (a) Dd Tanfield's ability to pay its debts and to sell inventory improve or deteriorate during 20247 (b) Did the investment attractiveness of Tanfield's common stock appear to have increased or decreased? 1. Market price of Tanfield's common stock: $56.32 at December 31, 2024, and $36.27 at December 31, 2023 2. Common shares outstanding: 15,000 on December 31, 2024 and 14,000 on December 31, 2023 and 2022 3. All sales are on credit
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