Comparative financial statement data for Ivanhoe Company and Sheridan Company, two competitors, appear below. All balance sheet data are as of December 31, 2022.

		Ivanhoe Company		Sheridan Company
		2022		2022
Net sales		$ 2,664,000		$ 917,600
Cost of goods sold		1,739,000		503,200
Operating expenses		418,840		145,040
Interest expense		9,960		4,580
Income tax expense		125,800		53,280
Current assets		491,000		149,700
Plant assets (net)		785,000		120,300
Current liabilities		98,200		49,900
Long-term liabilities		157,000		31,370
Net cash common by operating activities		204,240		53,280
Capital expenditures		133,200		29,600
Dividends paid on common stock		53,280		22,200
Weighted-average common shares outstanding		80,000		50,000

(a) Compute the net income and earnings per share for each company for 2022. (Round Earnings per share to 2 decimal places, e.g. $2.78.)

		Net Income		Earnings per share
Ivanhoe Company
Sheridan Company

(b) Compute working capital and the current ratio for each company for 2022. (Round current ratio to 1 decimal place, e.g. 0.7 : 1.)

		Working Capital		Current Ratio
Ivanhoe Company					:1
Sheridan Company					:1

(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, e.g. 78.9%. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

		Debt to Assets		Free Cash Flow
Ivanhoe Company
Sheridan Company