Completely and correctly answer all problems (labeled 1 & 2 with numbers/info needed for work) and will give thumbs up!

Sunland Company Blossom Company 2022 2021 2022 2021 Net sales $1,930,000 $620,000 Cost of goods sold 1,075,000 293,000 #1 Operating expenses 257,000 91,000 Interest expense 7.300 2,600 Income tax expense 67,400 29,000 Current assets 485,703 $465,491 124,171 $ 118,406 Plant assets (net) 784,932 745,000 208.195 187,460 Current liabilities 98.824 112,964 52,669 45,119 Long-term liabilities 169,845 134,100 44,134 37.250 Common stock. $10 par 745,000 745,000 178,800 178,800 Retained earnings 256.965 218,427 56,763 44,697 Condensed Income Statement For the Year Ended December 31, 2022 #1 Sunland Company Blossom Company Dollars Percent Dollars Percent Net Sales $1.930,000 % $620,000 Cost of Goods Sold 1,075,000 % 293,000 Gross Profit 855,000 % 327,000 257.000 % 91,000 598,000 % 236,000 7.300 %6 2,600 590,700 233,400 67.400 % 29,000 $523,300 % $204,400 Compute the 2022 return on assets and the return on common stockholders' equity for both companies. (Round all ratios to 1 decimal place, e.g. 2.5%.) Sunland Company Blossom Company #7 Return on assets %6 %6 Return on common stockholders' equity % %6 the comparative statements of Cullumber Company are presented here. CULLUMBER COMPANY Income Statements For the Years Ended December 31 #2 2022 2021 Net sales $1,993,400 $1,855,000 Cost of goods sold 1,107,000 1,086,480 Gross profit 886,400 768,520 Selling and administrative expenses 540,000 517,320 Income from operations 346,400 251,200 Other expenses and losses Interest expense 23,760 21,600 Income before income taxes 322,640 229,600 Income tax expense 96,792 68,880 Net Income $ 225,848 $ 160,720 CULLUMBER COMPANY Balance Sheets December 31 Assets 2022 2021 Current assets Cash $ 64,908 $ 69,336 Debt investments (short-term) 79.920 54,000 Accounts receivable 127,224 111,024 Inventory 136,080 124,740 Total current assets 408,132 359,100 Plant assets (net) 700,920 561,924 Total assets $1,109,052 $921,024 Liabilities and Stockholders' Equity #2 Current liabilities Accounts payable $ 172,800 $157,032 Income taxes payable 46,980 45,360 Total current liabilities 219,780 202,392 Bonds payable 237,600 216,000 Total liabilities 457,380 418,392 Stockholders' equity Common stock ($5 par) 313,200 324,000 Retained earnings 338,472 178,632 Total stockholders' equity 651,672 502.632 Total liabilities and stockholders' equity $1,109,052 $921,024 All sales were on account. Net cash provided by operating activities for 2022 was $237,600. Capital expenditures were $146,880, and cash dividends were $66,008. Compute the following ratios for 2022. (Round all answers to 2 decimal places, eg. 1.83 or 1.83%) (a) Earnings per share $ #2 (b) Return on common stockholders' equity (c) Return on assets % (d) Current ratio :1 Accounts receivable turnover times (6) Average collection period days (8 Inventory turnover times ch) Days in inventory days 0) Times interest earned times Asset turnover times (0 Debt to assets ratio (b) Return on common stockholders' equity de % (c) Return on assets % #2 (d) Current ratio :1 (e) Accounts receivable turnover times Average collection period days (8) Inventory turnover times (h) Days in inventory days (0) Times interest earned times G) Asset turnover times (k) Debt to assets ratio % 00) Free cash flow $