Greencastle Corporation has the following comparative statement of financial position data: GREENCASTLE CORPORATION Statement of Financial Position December 31 2018 2017 Cash $26,000 $29,100 Receivables (net) 66,800 58,900 Inventories 57,700 48,700 Property, plant and equipment (net) 198,000 180,000 $348,500 $316,700 Accounts payable Mortgage payable Common shares Retained earnings $49,400 $61,100 100,000 100,000 141,000 119,000 58,100 36,600 $348,500 $316,700 Additional information for 2018: 1. 2. Net income was $38,900. Sales on account were $378,100. Sales returns and allowances amounted to $23,900. Cost of goods sold was $200,000. The allowance for doubtful accounts was $3,500 at the end of 2018, and $4,100 at the end of 2017 3 4. 2. 3. Sales on account were $378,100. Sales returns and allowances amounted to $23,900. Cost of goods sold was $200,000. The allowance for doubtful accounts was $3,500 at the end of 2018, and $4,100 at the end of 2017. Net cash provided by operating activities was $46,600, Net capital expenditures were $25,300, and cash dividends were $17,400. Calculate the following ratios at December 31, 2018: (Round current ratio, receivables turnover, average collection period, Inventory Inventory to 1 decimal place, c.9. 5.2:1 or 5.2. Use 365 days for calculation.) 4. 5. 6. (a) Current ratio (b) Receivables turnover times (c) Average collection period days times (d) Inventory turnover days (e) Days in inventory (0 Free cash flow