Cullumber Company Income Statements For the Years Ended December 31 2020 2019 Net sales $1,891,640 $1,751,600 1,059,640 1,007,100 832,000 744,500 501,100 480,100 330,900 264.400 Cost of goods sold Gross profit Selling and administrative expenses Income from operations Other expenses and losses Interest expense Income before income taxes Income tax expense Net income 23.700 21.700 307.200 242,700 93,700 74,700 $213,500 $168,000 Cullumber Company Balance Sheets December 31 Assets 2020 2019 Current assets Cash $60,100 $64,200 Debt investments (short-term) 74,000 50,000 Accounts receivable 118,900 103,900 Inventory 127,700 117,200 Total current assets 380,700 335,300 Plant assets (net) 661,000 532,300 Total assets $1,041,700 $867,600 Liabilities and Stockholders' Equity Current liabilities Accounts payable $161,100 $146,500 Income taxes payable 45,200 43,700 206,300 190,200 Total current liabilities Bonds payable Total liabilities 232,000 212.000 438,300 402.200 Stockholders' equity Common stock ($5 par) 290,000 300,000 313,400 165,400 Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 603.400 465,400 $1,041,700 $867,600 All sales were on account. Net cash provided by operating activities for 2020 was $227,000. Capital expenditures wer cash dividends were $65,500. Compute the following ratios for 2020. (Round free cash flow to O decimal places, eg. 5,275 and all other answers to 2 decir 1.83 or 1.83%. Use 365 days for calculation.) (a) Earnings per share $ (b) Return on common stockholders' equity (c) Return on assets % (d) Current ratio 11 (e) Accounts receivable turnover times (0) Average collection period days ug Inventory turnover times (h) Days in inventory days (i) Times interest earned times 6) Asset turnover times (k) Debt to assets ratio % (0) Free cash flow $ $