Condensed balance sheet and income statement data for Coronado Corporation are presented here. Cash Accounts receivable

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Condensed balance sheet and income statement data for Coronado Corporation are presented here. Cash Accounts receivable

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Condensed Balance Sheet And Income Statement Data For Coronado Corporation Are Presented Here Cash Accounts Receivable 1
Condensed Balance Sheet And Income Statement Data For Coronado Corporation Are Presented Here Cash Accounts Receivable 1 (61.59 KiB) Viewed 30 times
Condensed balance sheet and income statement data for Coronado Corporation are presented here. Cash Accounts receivable (net) Other current assets Investments Property, plant, and equipment (net) Current liabilities Coronado Corporation Balance Sheets December 31 Long-term debt Common stock, $10 par Retained earnings 2022 $ 29,700 49,500 89,800 55,100 500,800 $724,900 $84,500 145,100 354,000 141,300 $724,900 2021 $ 17,300 45,800 95,700 69,300 369,900 $598,000 $80,200 84,100 321,000 112,700 $598,000 2020 $17,100 49,000 63,900 45,600 358,000 $533,600 $69,100 49,100 308,000 107,400 $533,600

Sales Less: Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses (including income taxes) Net income Coronado Corporation Income Statements For the Years Ended December 31 Additional information: 1. 2. 2022 $744,500 40,900 703,600 426,600 277,000 178,496 $ 98,504 2021 $606,300 29,700 576,600 369,000 207,600 155,706 $51,894 The market price of Jergan's common stock was $7.00, $7.50, and $8.50 for 2020, 2021, and 2022, respectively. You must compute dividends declared. All declared dividends were paid in cash in the year of declaration.

(a) Compute the following ratios for 2021 and 2022. (Round Asset turnover and Earnings per share to 2 decimal places, e.g. 1.65. Round payout ratio and debt to assets ratio to 0 decimal places, e.g. 18%. Round all other answers to 1 decimal place, e.g. 6.8 or 6.8%.) (1) (2) (3) (4) (5) (6) (7) Profit margin Gross profit rate Asset turnover Earnings per share. $ Price-earnings ratio Payout ratio Debt to assets ration 2022 % % times times % % $ 2021 % % times. times. % %
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