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Help, please! Lendell Company has these comparative balance sheet data: Lendell Company Balance Sheets December 31 2020 Cash $ 15,000 Accounts receivable (net) 71,000 Inventory

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Lendell Company has these comparative balance sheet data: Lendell Company Balance Sheets December 31 2020 Cash $ 15,000 Accounts receivable (net) 71,000 Inventory 61,000 Plant assets (net) 197,000 $344,000 Accounts payable $50,000 Mortgage payable (15%) 108,000 Common stock, $10 par 138,500 Retained earnings 47,500 $344,000 2019 $30,000 60,000 50,000 175,000 $315,000 $59,200 108,000 124,500 23,300 $315,000 Additional information for 2020: 1. 2. 3. 4. 5. Net income was $25,700. Sales on account were $412,500. Sales returns and allowances amounted to $19,500. Cost of goods sold was $199,800. Net cash provided by operating activities was $45,600. Capital expenditures were $23,800, and cash dividends were $10,100. Compute the following ratios at December 31, 2020. (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 times (c) Average collection period days (d) Inventory turnover times (e) Days in inventory days (f) Free cash flow

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