Answer:
Kindly check explanation
Explanation:
Given the following :
__________________2022______2021
Current asset______871,500___972,000
Total assets______1,908,500__ 1,786,000
Current liabilities___415,000____ 360,000
Total liabilities_____ 564,916____ 528,656
Net income________197,760____ 410,590
Net cash (from OP)__322,000____ 498,600
Capital expenditures_289,000___ 290,200
Dividends paid(CS)___82,000____ 126,700
Weighted-average common shares outstanding 206,000 216,100
*(OP) = Operating activities
*(CS) = common stock
Current ratio for each year:
2022:
Current asset / current liability
$871,500 / $415,000 = 2.1 : 1
2021:
$972,000 / $360,00 = 2.7 : 1
EARNING PER SHARE :
Net income / weighted average shares outstanding
2022:
$197,760 / 206,000 = $0.96
2021:
$410,590 / 216,100 = $1.90
DEBT TO ASSET RATIO:
Total liabilities / Total asset
2022:
$564,916 / $1,908,500 = 0.296
2021:
$528,656 / 1,786,000 = 0.296
FREE CASH FLOW :
Net cash (from OP) - Capital expenditure - Dividend paid on common stock
2022:
$322,000 - $289,000 - $82,000 = - $49,000
2021:
$498,600 - $290,200 - $126,700 = $81,700
