Comparative financial statement data for Sheridan Company and Ivanhoe Company, two competitors, appear below. All balance sheet data are as of December 31, 2017. Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Current assets Plant assets (net) Current liabilities Long-term liabilities Net cash provided by operating activities Capital expenditures Dividends paid on common stock Weighted average number of shares outstanding Sheridan Company 2017 $2,484,000 1,621,500 390,540 12,420 117,300 441,700 734,160 91,529 149,730 190,440 124,200 49,680 80,000 Ivanhoe Company 2017 $855,600 469,200 135,240 5,244 49,680 199,636 192,825 46,52B 56,144 49,680 27,600 20,700 50,000 (a) Compute the net income and earnings per share for each company for 2017. (Round Earnings per share to 2 decimal places, e.g. $2.78.) Net Income Earnings per share Sheridan Companys Ivanhoe Company $ (6) Compute working capital and the current ratios for each company for 2017. (Round current ratio to 1 decimal place, e.g. 0.7: 1.) Working Capital Current Ratios Sheridan Companys :1 Ivanhoe Company $ :1 (c) Compute the debt to assets ratio and the free cash flow for each company for 2017. (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 eg. (45).) Debt to Assets Free Cash Flow Sheridan Company Ivorhoc Coc % 5