Blossom Company has these comparative balance sheet data:

BLOSSOM COMPANY

Balance Sheets December 31

2022 2021

Cash $ 15,015 $ 30,030

Accounts receivable (net) 70,070 60,060

Inventory 60,060 50,050

Plant assets (net) 200,200 180,180

$345,345 $320,320

Accounts payable $ 50,050 $ 60,060

Mortgage payable (15%) 100,100 100,100

Common stock, $10 par 140,140 120,120

Retained earnings 55,055 40,040

$345,345 $320,320

Additional information for 2022:

1.		Net income was $26,000.
2.		Sales on account were $376,000. Sales returns and allowances amounted to $26,000.
3.		Cost of goods sold was $199,000.
4.		Net cash provided by operating activities was $56,000.
5.		Capital expenditures were $26,000, and cash dividends were $12,000.

Compute the following ratios at December 31, 2022. (Round current ratio and inventory turnover to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, e.g. 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

(f)Free cash flow. $