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Based on the balance sheet for blossom company and additional information provided for 2025. Compute the following ratios December 31, 2025.Current ratioAccounts receivable turnoverAverage collection

Based on the balance sheet for blossom company and additional information provided for 2025. Compute the following ratios December 31, 2025.Current ratioAccounts receivable turnoverAverage collection period In days. Inventory turnover Days in inventory Free cash flow Additional information for 2025 is 1. ? Net income was $26,5002. Sales on account were $?355,000. Sales returns and allowances amounted to $29,0003. Cost of goods sold was $204,0004. Net cash provided by operating activities was $51,0005. Capital expenditures were $25,000, and cash dividends paid were $10,5006. The bonds payable are due in 2038

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December 31 2025 2024 Cash $14,000 $28,000 Accounts receivable (net) 73,000 64,000 Inventory 57,000 49,000 Plant assets (net) 220,000 200,000 $364,000 $341,000 Accounts payable $36,000 $49,000 Bonds payable (15%) 130,000 130,000 Common stock, $10 par 142,000 122,000 Retained earnings 56,000 40,000 $364,000 $341,000 Additional information for 2025

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