Comparative financial statement data for Ivanhoe Company and Sheridan Company, two competitors, appear below. All balance sheet data are as of December 31 , 2025 . (a) Compute the net income and earnings per share for each company for 2025. (Round earnings per share to 2 decimal places, es. $2.78.1 Compute working capital and the current ratio for each company for 2025. (Round current ratio to 1 decimal place, e.g. 0.7:1.) (c) Compute the debt to assets ratio for each company for 2025. (Round debt to assets ratio to 1 decimat place, e.8. 78.9\%.)
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Comparative financial statement data for Ivanhoe Company and Sheridan.docx
1. Comparative financial statement data for Ivanhoe Company and Sheridan Company, two
competitors, appear below. All balance sheet data are as of December 31 , 2025 . (a) Compute
the net income and earnings per share for each company for 2025. (Round earnings per share to 2
decimal places, es. $2.78.1 Compute working capital and the current ratio for each company for
2025. (Round current ratio to 1 decimal place, e.g. 0.7:1.) (c) Compute the debt to assets ratio for
each company for 2025. (Round debt to assets ratio to 1 decimat place, e.8. 78.9%.)
