Assignment RCES CALCULATOR MESSAGE MY INSTRL and Jork Exercise 13-09 Carla Vista Co. has these comparative balance sheet data: 2a- lo CARLA VISTA CO. Balance Sheets December 31 2022 Cash $ 16,140 Accounts receivable (net) 75,320 Inventory 64,560 Plant assets (net) 215,200 $371,220 Accounts payable $ 53,800 Mortgage payable (15%) 107,600 Common stock, $10 par 150,640 Retained earnings 59,180 $371,220 2021 $ 32,280 64,560 53,800 193,680 $344,320 $ 64,560 107,600 . 129,120 43,040 tudy, $344,320 Additional information for 2022: 1. Net Income was $32,500. 2. Sales on account were $392,900. Sales returns and allowances amounted to $27,300, 3. Cost of goods sold was $217,300. 4. Net cash provided by operating activities was $57,200. 5. Capital expenditures were $30,000, and cash dividends were $19,000. Compute the following ratios at December 31. 2022. (Round current ratio and Inventorv turnover to 2 decimal places. e.a. 1.83 Privacy Policy002020 lb Wils or 2022: 1. Net income was $32,500. 2. Sales on account were $392,900. Sales returns and allowances amounted to $27,300. 3. Cost of goods sold was $217,300. 4. Net cash provided by operating activities was $57,200. 5. Capital expenditures were $30,000, and cash dividends were $19,000. Compute the following ratios at December 31, 2022. (Round current ratio and Inventory turno 1.8. Use 365 days for calculation.) (a) Current ratio. :1 (b) Accounts receivable turnover. times (c) Average collection period. days (d) Inventory turnover. times (e) Days in inventory. days (0) Free cash flow. $ Click if you would like to Show Work for this question: Qen Show Work