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Cost of goods sold was $201,000.
4.
Net cash provided by operating activities was $58,500.
5.
Capital expenditures were $26,100, and cash dividends were $17,300.
Compute the following ratios at December 31, 2014.
Exercise 13-13
Your answer is partially correct.
The condensed financial statements of Elliott Company for the years
2013 and 2014 are presented below.
ELLIOTT COMPANY
Balance Sheets