All sales were on credit. Net cash provided by operating activities for 2027 was $237,046. Capital expenditures were $137,000, cash dividends paid were $57,552. Compute the following ratios for 2027. (Round current ratio, earnings per share and asset turnover to 2 decimal places, e.g and all other answers to 1 decimal place, e.g. 1.8 or 2.5%. Use 365 days in calculation.) WILDHORSE COMPANY Balance Sheets December 31 20272026 Assets Current assets \begin{tabular}{lrrr} Cash & $59,868 & & $64,200 \\ Debt investments (short-term) & 74,000 & 50,000 \\ Accounts receivable (net) & 125,600 & 110,600 \\ Inventory & 127,100 & & 116,600 \\ Total current assets & 386,568 & & 341,400 \\ Plant assets (net) & 659,000 & & 530,300 \\ Total assets & $1,045,568 & & $871,700 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|l|}{ Liabilities and Stockholders' Equity } \\ \hline \multicolumn{3}{|l|}{ Current liabilities } \\ \hline Accounts payable & $167,800 & $153,200 \\ \hline Income taxes payable & 44,600 & 43,100 \\ \hline Total current liabilities & 212,400 & 196,300 \\ \hline Bonds payable & 230,000 & 210,000 \\ \hline Total liabilities & 442,400 & 406,300 \\ \hline \multicolumn{3}{|l|}{ Stockholders' equity } \\ \hline Common stock ( $5 par) & 290,000 & 300,000 \\ \hline Retained earnings & 313,168 & 165,400 \\ \hline Total stockholders' equity & 603,168 & 465,400 \\ \hline Total liabilities and stockholders' equity & $1,045,568 & $871,700 \\ \hline \end{tabular} WILDHORSE COMPANY Income Statements For the Years Ended December 31 \begin{tabular}{|c|c|c|} \hline & 2027 & 2026 \\ \hline Net sales & $1,901,410 & $1,758,300 \\ \hline Cost of goods sold & 1,072,280 & 1,013,800 \\ \hline Gross profit & 829,130 & 744,500 \\ \hline Selling and administrative expenses & 507,800 & 486,800 \\ \hline Income from operations & 321,330 & 257,700 \\ \hline \multicolumn{3}{|l|}{ Other expenses and losses } \\ \hline Interest expense & 23,100 & 21,100 \\ \hline Income before income taxes & 298,230 & 236,600 \\ \hline Income tax expense & 92,910 & 74,100 \\ \hline Net income & $205,320 & $162,500 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{\begin{tabular}{l} WILDHORSE COMPANY \\ Balance Sheets \\ December 31 \end{tabular}} \\ \hline \multicolumn{3}{|l|}{ Assets } \\ \hline \multicolumn{3}{|l|}{ Current assets } \\ \hline Cash & $59,868 & $64,200 \\ \hline Debt investments (short-term) & 74,000 & 50,000 \\ \hline Accounts receivable (net) & 125,600 & 110,600 \\ \hline Inventory & 127,100 & 116,600 \\ \hline Total current assets & 386,568 & 341,400 \\ \hline Plant assets (net) & 659,000 & 530,300 \\ \hline Total assets & $1,045,568 & $871,700 \\ \hline \end{tabular} Liabilities and Stockholders' Equity The comparative statements of Wildhorse Company are presented here. (f) Average collection period 25 days (g) Inventory turnover 8.8 times (h) Days in inventory (i) Times interest earned 13.91 times (j) Asset turnover 1.28 times (k) Debt to assets ratio 22% (I) Free cash flow $100,046 Save for Later Attempts: 1 of 2 used (d) Currentratio \begin{tabular}{r} 1.82:1 \\ \hline \end{tabular} (e) Accounts receivable turnover (f) Average collection period 25 days (g) Inventory turnover (h) Days in inventory 8.8 times (i) Times interest earned (j) Asset turnover (k) Debt to assets ratio (I) Free cash flow $100,046 All sales were on credit. Net cash provided by operating activities for 2027 was $237,046. Capital expenditures were $137,000, and cash dividends paid were $57,552. Compute the following ratios for 2027. (Round current ratio, earnings per share and asset turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, eg. 1.8 or 2.5%. Use 365 days in calculation.)