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begin{tabular}{|l|r|r|} hline multicolumn{3}{|c|}{WahlbergCompanyalanceSheetsDecember31} hline Assets & multicolumn{1}{|c|}{2022} & multicolumn{1}{|c|}{2021} hline Current assets & & hline Cash & 60,100 & 64,200 hline

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\begin{tabular}{|l|r|r|} \hline \multicolumn{3}{|c|}{WahlbergCompanyalanceSheetsDecember31} \\ \hline Assets & \multicolumn{1}{|c|}{2022} & \multicolumn{1}{|c|}{2021} \\ \hline Current assets & & \\ \hline Cash & 60,100 & 64,200 \\ \hline Debt investments (short-term) & 74,000 & 50,000 \\ \hline Accounts receivable & 117,800 & 102,800 \\ \hline Inventory & 126,000 & 115,500 \\ \hline Total current assets & 377,900 & 332,500 \\ \hline Plant assets (net) & 649,000 & 520,300 \\ \hline Total assets & $1,026,900 & $852,800 \\ \hline Liabilities and Stockholders' Equity & & \\ \hline Current liabilities & & \\ \hline Accounts payable & $160,000 & $145,400 \\ \hline Income taxes payable & 43,500 & 42,000 \\ \hline Total current liabilities & 203,500 & 187,400 \\ \hline Bonds payable & 220,000 & 200,000 \\ \hline Total liabilities & 423,500 & 387,400 \\ \hline Stockholders' equity & 313,400 & 165,400 \\ \hline Common stock (\$5 par) & 603,400 & 465,400 \\ \hline Retained earnings & 290,000 & 300,000 \\ \hline Total stockholders' equity & $1,026,900 & $852,800 \\ \hline Total liabilities and stockholders' equity & & \\ \hline \end{tabular} P13.2A (LO 3), AP The comparative statements of Wahlberg Company are presented here. Compute ratios from balance sheets and income statements. Compute ratios from balance sheets and income statements. All sales were on account. Net cash provided by operating activities for 2022 was $220,000. Capital expenditures were $136,000, and cash dividends were $70,000. Instructions Compute the following ratios for 2022. a. Earnings per share. b. Return on common stockholders' equity. c. Return on assets. d. Current ratio. e. Accounts receivable turnover. f. Average collection period. g. Inventory turnover. h. Days in inventory. i. Times interest earned. j. Asset turnover. k. Debt to assets ratio

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