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a. b. j. k. I would like help with Current Attempt in Progress The comparative statements of Sunland Company are presented here. SUNLAND COMPANY Income

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Current Attempt in Progress The comparative statements of Sunland Company are presented here. SUNLAND COMPANY Income Statements For the Years Ended December 31 2022 2021 Net sales $1,890,920 $1,755,500 Cost of goods sold 1,060,095 1,011,000 Gross profit 830,825 744,500 Selling and administrative expenses 505,000 484,000 Income from operations 325,825 260,500 Other expenses and losses Interest expense 23,100 21,100 Income before income taxes 302,725 239,400 Income tax expense 93,275 74,100 Net income $ 209,450 $ 165,300 SUNLAND COMPANY Balance Sheets December 31 Assets 2022 2021 Current assets Cash $59.668 $ 64,200 74,000 50,000 Debt investments (short-term) Accounts receivable 122,800 107,800 127,100 116,600 Inventory Total current assets 383,568 338,600 Plant assets (net) 662,000 533,300 Total assets $1,045,568 $871,900 Liabilities and Stockholders' Equity Current liabilities Accounts payable $ 165,000 $150,400 Income taxes payable 44,600 43,100 Total current liabilities 209,600 193,500 Bonds payable 233,000 213,000 Total liabilities 442,600 406,500 Stockholders' equity Stockholders' equity Common stock ($5 par) 290,000 300,000 Retained earnings 312,968 165,400 Total stockholders' equity 602,968 465,400 Total liabilities and stockholders' equity $1,045,568 $871,900 All sales were on account. Net cash provided by operating activities for 2022 was $241,860. Capital expenditures were $136,000, and cash dividends were $61,882. Compute the following ratios for 2022. (Round current ratio, earnings per share and asset turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5%. Use 365 days in calculation.) (a) Earnings per share (b) Return on common stockholders' equity % (c) Return on assets % (d) Current ratio :1 1 (e) Accounts receivable turnover times (f) Average collection period days (g) Inventory turnover times (h) Days in inventory days (1) Times interest earned times 6) Asset turnover times (k) Debt to assets ratio % (1) Free cash flow

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