Homework Answers
For 2022
(i) Working Capital = Total Current Assets - Total Current
Liabilities
= $579700 - 187000 = $392700
(ii) Current Ratio = Total Current Assets / Total Current
Liabilities
= $579700 / 187000 = 3.1
(iii) Free Cash Flow = Net Cash provided by Operating Activities
- Cash used for Capital expenditure
= $192400-86500 = $105900
(iv) Debt to Assets Ratio = Total Liabilities / Total
Assets
= $402920 / 1151200 = 0.35 or 35%
(v) Earning per share = Net Income / Weighted average oustanding
shares
= $151000/50000 = $3.02 per share
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