PHAROAH COMPANY Balance Sheets
December 31
2022
2021
Cash
$ 17,205
$ 34,410
Accounts receivable (net)
80,290
68,820
Inventory
68,820
57,350
Plant assets (net)
229,400
206,460
$395,715
$367,040
Accounts payable
$ 57,350
$ 68,820
Mortgage payable (15%)
114,700
114,700
Common stock, $10 par
160,580
137,640
Retained earnings
63,085
45,880
$395,715
$367,040

Additional information for 2022:

1. Net income was $31,100.
2. Sales on account were $387,800. Sales returns and allowances amounted to $27,500.
3. Cost of goods sold was $225,600.
4. Net cash provided by operating activities was $59,300.
5. Capital expenditures were $26,400, and cash dividends were $21,700.

Compute the following ratios at December 31, 2022. (Round current ratio and inventory turnover to 2 decimal places, e. g. 1.83 and all other answers to 1 decimal place, e. g. 1.8. Use 365 days for calculation.)

a. turk and mcalister

b. howard, mission, and market

c. yes. since streets end some do not cross yet are not parallel to others. example: mcalister and 5th

step-by-step explanation:

parallel lines are lines which do not intersect ever and look a lot like railroad tracks. turk, mcalister and golden gate are examples of these.

intersect are streets which cross each other and a car on one can reach the other. howard, mission, and market intersect with 6th.

skew lines are lines which neither intersect nor are parallel. these lines exist here because some streets end and never intersect another like mcalister and 5th.

b. 6

step-by-step explanation:

we are given the table representing an exponential function.

we can see from the table that, as x is increasing, the value of y is increasing in the power of 6.

i.e. the following relation is obtained,

x = 1, y = 6

x = 2, y = 36 =

x = 3, y = 216 =

x = 4, y = 1296 =

x = 5, y = 7776 =

so, the geometric series obtained is .

thus, the common ratio is given by = = 6.

hence, the common ratio is 6.

the ratio of grapes to blueberries she should use is 12: 3

step-by-step explanation:

if mandie is making 15 cups of fruit salad, the ratio of grapes to blueberries she should use is 12: 3.