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Carla Vista Co. Income Statements For the Years Ended December 31 begin{tabular}{lcc} & 2020 & 2019 hline Net sales & $1,898,540 & $1,758,500

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Carla Vista Co. Income Statements For the Years Ended December 31 \begin{tabular}{lcc} & 2020 & 2019 \\ \hline Net sales & $1,898,540 & $1,758,500 \\ Cost of goods sold & 1,066,540 & 1,014,000 \\ \hline Gross profit & 832,000 & 744,500 \\ Selling and administrative expenses & 508,000 & 487,000 \\ Income from operations & 324,000 & 257,500 \end{tabular} Other expenses and losses \begin{tabular}{lrrr} \hline Interest expense & 23,700 & 21,700 \\ Income before income taxes & 300,300 & 235,800 \\ Income tax expense & 93,700 & 74,700 \\ \hline Net income & $206,600 & $161,100 \\ \hline \end{tabular} Liabilities and Stockholders' Equity Liabilitics and Stockholders' Equity Current liabilities \begin{tabular}{|lrrr} \hline Accounts payable & $168,000 & $153,400 \\ \hline Income taxes paiyable & 45,200 & 43,700 \\ \hline Total current liabilities & 213,200 & 197,100 \\ Bonds payable & 235,000 & 215,000 \\ \hline Total liabilities & 448.200 & 412.100 \\ \hline Stockholders' equity & & \\ \hline Commonstock (\$5 par) & 290,000 & 300,000 \\ \hline Retained earnings & 313,400 & 165,400 \\ \hline Total stockholders cquity & 603,400 & 465,400 \\ \hline Totalliabilities and stockholders' equity & $1,051,000 & $877,500 \\ \hline \end{tabular} All sales were on account. Net cash provided by operating activities for 2020 was $229,000. Capital expenditures were $137,000, and cash dividends were $58.600. Compute the following ratios for 2020. (Round free cash flow to 0 decimol places, es. 5,275 and all other answers to 2 decimal places, eg. 1.83 or 1.833 , Use 365 dows for calculation.) (h) Daysininventory days (i) Times interest earned times: (j) Asset turnover times (k) Debt to assets ratio % (i) Free cash flow

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