Question: Sunland Company has these comparative balance sheet data: Additional information for 2022 : 1. Net income was $26,300. 2. Sales on account were $379,500.5. 3.

 Sunland Company has these comparative balance sheet data: Additional information for
2022 : 1. Net income was $26,300. 2. Sales on account were

Sunland Company has these comparative balance sheet data: Additional information for 2022 : 1. Net income was $26,300. 2. Sales on account were $379,500.5. 3. Cost of goods sold was $228.900. 4. Net cash provided by operating activities was $56,000. 5. Capital expenditures were $28,500, and cashdividends were $17,900. Additional information for 2022 . 1. Net income wat 326,300 . 2.5 les on account were $379.500.5ales returns and allowances amounted to $30,000 3. Cost of gocds sold was $226,900 4. Net cash provided by operatine activities was $56000. 5. Capital expenditures were $26,500, and cash dividends were $17,900. Compute the following ratios at December 31,2022. (Found current matho and inventory turnover to 2 decinal ploces, es 1.83 and all other answen to 1 decimbl place, es. 1.8. Use 385 darn for cakalationJ

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