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Coronado Company has these comparative balance sheet data: Coronado Company Balance Sheets December 31 2022 2021 Cash $ 14,000 $ 30,000 Accounts receivable (net) 69,000

Coronado Company has these comparative balance sheet data:

Coronado Company Balance Sheets December 31

2022

2021

Cash

$ 14,000 $ 30,000

Accounts receivable (net)

69,000 59,000

Inventory

61,000 50,000

Plant assets (net)

197,000 183,000
$341,000 $322,000

Accounts payable

$50,000 $60,300

Bonds payable (15%)

100,000 100,000

Common stock, $10 par

145,000 116,000

Retained earnings

46,000 45,700
$341,000 $322,000

Additional information for 2022:

1. Net income was $24,500.
2. Sales on account were $410,600. Sales returns and allowances amounted to $24,500.
3. Cost of goods sold was $199,800.
4. Net cash provided by operating activities was $45,900.
5. Capital expenditures were $23,200, and cash dividends paid were $10,400.
6. The bonds payable are due in 2035.

Compute the following ratios at December 31, 2022. (Round current ratio to 2 decimal places, e.g. 1.67. Round Accounts receivable turnover, Average collection period, Inventory turnover and Days in inventory to 1 decimal place, e.g. 1.6.)

(a)

Current ratio

(b)

Accounts receivable turnover

(c)

Average collection period

enter a number of days rounded to 1 decimal place days

(d)

Inventory turnover

(e)

Days in inventory

(f)

Free cash flow

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