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Blossom Company Oriole Company 2022 2022 Net sales $ 2,592,000 $ 892,800 Cost of goods sold 1,692,000 489,600 Operating expenses 407,520 141,120 Interest expense 9.980

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Blossom Company Oriole Company 2022 2022 Net sales $ 2,592,000 $ 892,800 Cost of goods sold 1,692,000 489,600 Operating expenses 407,520 141,120 Interest expense 9.980 4,240 Income tax expense 122,500 51,840 Current assets 496,600 213,840 Plant assets (net) 766,000 201,160 Current liabilities 95,500 48,600 Long-term liabilities 157,020 58,470 Net cash common by operating activities 198.720 51,840 Capital expenditures 129,600 28,800 Dividends paid on common stock 51,840 21,600 Weighted average common shares outstanding 80,000 50,000 (c) Compute the debt to assets ratio and the free cash flow for each company for 2022. (Round debt to assets to 1 decimal place, eg. 78.9%. Enter negative amounts using either a negative sign preceding the numbereg.-45 or parentheses eg. (451) Debt to Assets Free Cash Flow Blossom Company % $ Orlole Company % $

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