Comparative financial statements for The Sheridan Company Ltd. are shown below.

THE SHERIDAN COMPANY LTD. Income Statement Year Ended December 31
		2021		2020
Net sales		$1,928,460		$1,542,700
Cost of goods sold		1,043,170		921,630
Gross profit		885,290		621,070
Operating expenses		512,770		413,090
Profit from operations		372,520		207,980
Interest expense		29,800		17,780
Profit before income tax		342,720		190,200
Income tax expense		102,816		57,060
Profit		$239,904		$133,140

THE SHERIDAN COMPANY LTD. Balance Sheet December 31
Assets		2021		2020
Current assets
Cash		$3,578		$66,815
Accounts receivable		114,445		94,908
Inventory		152,120		107,280
Total current assets		270,143		269,003
Property, plant, and equipment		663,075		570,106
Total assets		$933,218		$839,109
Liabilities and Shareholders Equity
Current liabilities
Accounts payable		$140,450		$123,275
Income tax payable		42,090		46,050
Current portion of mortgage payable		9,450		19,130
Total current liabilities		191,990		188,455
Mortgage payable		94,130		205,800
Total liabilities		286,120		394,255
Shareholders equity
Common shares (57,800 issued in 2021; 61,470 in 2020)		173,400		184,410
Retained earnings		473,698		260,444
Total shareholders equity		647,098		444,854
Total liabilities and shareholders equity		$933,218		$839,109

Additional information:

1.		All sales were on account.
2.		The allowance for doubtful accounts was $5,685 in 2021 and $4,795 in 2020.
3.		On July 1, 2021, 3,670 shares were reacquired for $9 per share and cancelled.
4.		In 2021, $4,630 of dividends were paid to the common shareholders.
5.		Cash provided by operating activities was $307,207.
6.		Cash used by investing activities was $158,697.

Calculate all possible liquidity, solvency, and profitability ratios for 2021. (Round answers for Collection period, Days sales in inventory, Operating cycle and Free cash flow to 0 decimal places, e.g. 125. Round answer for Earnings per share to 2 decimal places, e.g. 12.56. Round all other answers to 1 decimal place, e.g. 12.5 or 12.5%. )

Liquidity Ratios
	1.		Current ratio
	2.		Acid-test ratio
	3.		Receivables turnover			times
	4.		Collection period			days
	5.		Inventory turnover			times
	6.		Days sales in inventory			days
	7.		Operating cycle			days
Solvency Ratios
	8.		Debt to total assets			%
	9.		Interest coverage			times
	10.		Free cash flow		$
Profitability Ratios
	11.		Gross profit margin			%
	12.		Profit margin			%
	13.		Asset turnover			times
	14.		Return on assets			%
	15.		Return on equity			%
	16.		Earnings per share		$
	17.		Payout ratio			%