O'Reilly Corporation gathered the following information from its financial statements:

Using the above data, calculate the following: 

(1) return on sales ratio, 

(2) current ratio, 

(3) debt-tototal-assets ratio,

(4) free cash flow.

Transcribed Image Text:

Net sales.... Net income... Cash provided by operating activities... Expenditures on property, plant, and equipment. $300,000 Current assets 90,000 Current liabilities. 100,000 Total assets 19,000 Total liabilities.. $ 75,000 25,000 140,000 112,000