5 of 5 < View Policies Current Attempt in Progress The comparative statements of Blossom Company are presented here. Blossom Company Income Statements For the Years Ended December 31 2025 2024 Net sales $1,512,400 $1,400,000 Cost of goods sold 847,000 804,800 Gross profit 665,400 595,200 Selling and administrative expenses 400,000 383,200 Income from operations 265,400 212,000 Other expenses and losses Interest expense 17,600 16,000 Income before income taxes 247,800 196,000 Income tax expense 74,340 58,800 Net income $173,460 $137,200 Blossom Company Balance Sheets December 31 2025 2024 Assets Current assets Cash $48,080 $51,360 Debt investments (short-term) 59,200 40,000 Accounts receivable (net) 94,240 82,240 Inventory 100,800 92,400 Total current assets 302,320 266,000 Plant assets (net) 519,200 416,240 Total assets $821,520 $682,240 Liabilities and Stockholders' Equity Current liabilities Accounts payable $128,000 $116,320 Income taxes payable 34,800 33,600 Total current liabilities 162,800 149,920 Bonds payable 176,000 160,000 Total liabilities 338,800 309,920 Stockholders' equity Common stock ($4 par) 232,000 240,000 Retained earnings 250,720 132,320 Total stockholders' equity 482,720 372,320 Total liabilities and stockholders' equity $821,520 $682,240 All sales were on credit. Net cash provided by operating activities for 2025 was $176,000. Capital expenditures were $108,800, and cash dividends paid were $55,060. Compute the following ratios for 2025. (Round Debt to asset ratio and Free cash flow to O decimal places, e.g. 15 or 15%, Earnings per share, Return on assets, Current ratio and Asset turnover to 2 decimal places, e.g. 1.83 or 1.83% and all other answers to 1 decimal place, e.g. 1.8 or 1.8%. Use 365 days for calculations.) 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 g. Inventory turnover times h. Days in inventory i. Times interest earned days times j. Asset turnover k. Debt to assets ratio I. Free cash flow eTextbook and Media Save for Later $ times % Attempts: 0 of 15 used Submit