Question: (Please make sure all the answers are correct and rounded properly.) Oriole Company has these comparative balance sheet data: Additional information for 2022 : 1.


Oriole Company has these comparative balance sheet data: Additional information for 2022 : 1. Net income was $25,000. 2. Sales on account were $407,200. Sales returns and allowances amounted to $25,000. 3. Cost of goods sold was $192,500. 4. Net cash provided by operating activities was $45,200. 5. Capital expenditures were $24,600, and cash dividends paid were $9,700. 6. The bonds payable are due in 2035. 4. Net cash provided by operating activities was $45,200. 5. Capital expenditures were $24,600, and cash dividends paid were $9,700. 6. The bonds payable are due in 2035. Compute the following ratios at December 31, 2022. (Round current ratio to 2 decimal places, Je.g. 1.67. Round Accounts receivable turnover, Average collection period, Inventory turnover and Days in inventory to 1 decimal place, e.g. 1.6.)
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