2014 2013 Current assets $143,000 $138,000 Current liabilities 51,200 70,400 Total liabilities 226,400 229,600 Total assets 630,000 652,000 Net sales 677,200 704,000 Net credit sales 664,000 676,000 Cost of goods sold 373,600 360,000 Inventory 64,000 60,800 Receivables (net) 37,600 34,400 Dividends 11,200 13,600 Capital expenditures 18,800 25,600 Net income 63,200 49,600 Net cash provided by operating activities 41,200 48,000 Calculate the following ratios for Sandhill Videos for 2014. (Round Free cash flow to 0 decimal place, eg. 12. Other all answers to 2 decimal places, e.g. 12.21.) 1. Average collection period 19.79 days 2. Current ratio 2.79 :1 3. Debt to assets ratio 27.81 % 4. Return on assets 10.03 % 5. Profit margin 9.33 % 6. Asset turnover 1.06 times 7. Inventory turnover 5.99 times 8. Free cash flow $ 22400