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he following information is available for Sunland Company 2017 2016 Current assets Total assets Current liabilities Total liabilities Net income Net cash provided by operating
he following information is available for Sunland Company 2017 2016 Current assets Total assets Current liabilities Total liabilities Net income Net cash provided by operating activities Preferred dividends Common dividends Expenditures on property, plant, and equipment 56,900 $38,900 242,900 207,900 24,900 32,900 74,900 102,900 82,900 42,900 92,900 58,900 8,900 4,400 29,900 14,900 8,900 5,900 Shares outstanding at beginning of year Shares outstanding at end of year 42,900 32,900 77,900 42,900 (a) Compute earnings per share for 2017 and 2016 for Sunland. (Round Earnings per share to 2 decimal places, e.g. $2.78.) 2017 2016 Earnings per share (b) Compute the current ratio and debt to assets ratio for each year. (Round answers to 2 decimal places, e.g. 15.25.) 2017 2016 Current ratio Debt to assets ratio (c) Compute free cash flow for each year. 2017 2016 Free cash flow
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