13-02A The comparative statements of Carla Vista Co. are presented here. CARLA VISTA CO. Income Statements Net sales For the Years Ended December 31 2022 $2,215,400 2021 $2,065,000 Cost of goods sold 1,227,000 1,207,200 Gross profit 988,400 857,800 Selling and administrative expenses 600,000 574,800 Income from operations 388,400 283,000 Other expenses and losses Interest expense 26,400 24,000 Income before income taxes 362,000 259,000 Income tax expense 108,600 77,700 $ 253,400 $ 181,300 Net income Assets Current assets Cash CARLA VISTA CO. Balance Sheets December 31 2022 2021 Debt investments (short-term) Accounts receivable Inventory Total current assets Plant assets (net) $ 72,120 $ 77,040 88,800 60,000 141,360 123,360 151,200 138,600 453,480 399,000 778,800 624,360 Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock ($5 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 778,800 $1,232,280 624,360 $1,023,360 $ 192,000 $174,480 52,200 50,400 244,200 224,880 264,000 240,000 508,200 464,880 348,000 360,000 376,080 198,480 724,080 $1,232,280 558,480 $1,023,360 All sales were on account. Net cash provided by operating activities for 2022 was $264,000. Capital expenditures were $163,200, and cash dividends were $75,800. Compute the following ratios for 2022. (Round all answers to 2 decimal places, e.g. 1.83 or 1.83%.) (a) Earnings per share (b) Return on common stockholders' equity % (c) Return on assets % (d) Current ratio :1 (e) Accounts receivable turnover times (f) Average collection period days (e) Accounts receivable turnover (f) Average collection period times days (g) Inventory turnover times (h) Days in inventory days (i) Times interest earned times (j) Asset turnover times (k) Debt to assets ratio % (1) Free cash flow Click if you would like to Show Work for this question: Modify Show Work