Exercise 13-9 Kinder Company has these comparative balance sheet data: KINDER COMPANY Balance Sheets December 31 2014 2013 Cash $ 21,510 $ 43,020 Accounts receivable (net) 100,380 86,040 Inventory 86,040 71,700 Plant assets (net) 286,800 258,120 $494,730 $458,880 Accounts payable $ 71,700 $ 86,040 Mortgage payable (15%) 143,400 143,400 Common stock, $10 par 200,760 172,080 Retained earnings 78,870 57,360 $494,730 $458,880 Additional information for 2014: 1. Net income was $27,600. 2. Sales on account were $381,100. Sales returns and allowances amounted to $29,600. 3. Cost of goods sold was $202,200. 4. Net cash provided by operating activities was $57,500. 5. Capital expenditures were $26,800, and cash dividends were $19,200. Compute the following ratios at December 31, 2014. (Round all answers to 2 decimal places, e.g. 1.83.) (a) Current ratio. :1 (b) Accounts receivable turnover. times (c) Average collection period. days (d) Inventory turnover. times (e) Days in inventory. days (f) Cash debt coverage ratio. times (g) Current cash debt coverage ratio. times (h) Free cash flow. $