All sales were on account. Net cash provided by operating activities for 2020 was $225,000. Capital expenditures were $141,000, and cash dividends were $82,200. Compute the following ratios for 2020. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, e.g. 1.65 or 1.65:1, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%. Use 365 days for calculation.)

The comparative statements of Wahlberg Company are presented here. Wahlberg Company Income Statement For the Years Ended December 31 2020 2019 Net sales $1,810,600 $1,746,200 Cost of goods sold 1,012,200 984,000 Gross profit 798,400 762,200 Selling and administrative expenses 515,200 479,600 Income from operations 283,200 282,600 Other expenses and losses Interest expense 17,300 13,300 Income before income taxes 265,900 269,300 Income tax expense 81,100 76,300 Net income $ 184,800 $ 193,000 Wahlberg Company Balance Sheets December 31 Assets 2020 2019 Current assets Cash Debt investments (short-term) Accounts receivable $59,500 68,200 117,100 124,000 368,800 598,600 $967,400 $63,100 49,800 102,100 114,400 329,400 519,300 $848,700 Inventory Total current assets Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities $159,200 43,800 203,000 220,000 423,000 $144,800 41,200 186,000 200,000 386,000 Stockholders' equity Common stock ($5 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 278,300 266,100 544,400 $967,400 299,200 163,500 462,700 $848,700 All sales wet account. Net cash provided operating activities for 2020 was $225,000. Capital expenditures were $141,000, and cash dividends $82,200. Compute the following ratios for 2020. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, e.g. 1.65 or 1.65:1, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%. Use 365 days for calculation.) (a) Earnings per share 3.2 (b) Return on common stockholders' equity 36.2 || % (c) Return on assets 20.31% (d) Current ratio 1.82:1 (e) Accounts receivable turnover 16.5 times > Average collection period 22.1 days (g) Inventory turnover 8.5 times (h) Days in inventory 43.0 days > (i) Times interest earned 16.4 times (1) Asset turnover 1.99 times (k) Debt to assets ratio 43.71 % x (1) Free cash flow 84000