Pre-Lecture Assignment #1: Chapter 19 & Pre-Lecture Assignment #2: Chapter 18

\f(a2) Determine the missing amounts. Total Work Work Cost of Manufacturing in Process in Process Goods Costs (Jan. 1) (Dec. 31) Manufactured (1) $ $153,600 $104,000 (2) $380,800 to $126,400 $432 (3) $396,800 $591,200 to $915\fLurrent Attempt In Progress 3' Your answer is incorrect. Bonita Incorporated had the following transactions involving current assets and current liabilities during February 2022. Feb. 3 Collected accounts receivable of $14,300. 7 Purchased equipment for $27,500 cash. 11 Paid $2,400 for a 1-year insurance policy. 14 Paid accounts payable of $12,200. 18 Declared cash dividends of $4,900. Additional information: As of February 1, 2022, current assets were $132,300 and current liabilities were $49,000. Compute the current ratio as of the beginning of the month and after each transaction. (Round answers to 2 decimal places, (2.3. 1.67.) Current ratio \fCu rrent Attem pt in Progress Selected hypothetical comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet data are as of the end of the scal year (in millions). 2022 2021 Net sales $5,400.0 $4,900.0 Cost of goods sold 3,294.0 3,492.0 Net income 70.2 138.0 Accounts receivable (net) 87.0 112.0 Inventory 1,181.0 1,349.0 Total assets 3,000.0 3,750.0 Total common stockholders' equity 913.0 1,084.0 Compute the following ratios for 2022. (Round asset turnover to 2 decimal places, e.g. 1.67. Round all other answers to 1 decimal place, (2.3. 1.6 or 1.6%.) (a) Prot margin % (b) Asset turnover times (c) Return on assets % (a) Prot margin |:| % (b) Asset turnover |:| times (c) Return on assets |:| % (d) Return on common stockholders' equity |:| % (e) Gross prot rate |:| % eTextbook and Media