How would you fix what is wrong?

All sales were on account. Net cash provided by operating activities for 2017 was $240,000. Capital expenditures were $136,000, and cash dividends were $62,300.

Compute the following ratios for 2017. (Round all answers to 2 decimal places, eg. 1.83 or 1.83%) (a) Earnings per share $ 3.57 (b) Return on common stockholders' equity 39.35 96 (c) Return on assets 21.90 96 (d) Current ratio 1.83 :1 le) Accounts receivable turnover 16.64 times (f) Average collection period 21.94 days Inventory turnover 15.41 times (h) Days in inventory 23.7 days 0 Times interest earned 13.63 times 0 Asset turnover 1.97 times (K) Debt to assets ratio 42.40% % (1) Free cash flow $ 76400 SUNLAND COMPANY Balance Sheets December 21 2017 Assets 2016 Current assets $64.200 S 60,100 74,000 50,000 Debt investments (short-term) Accounts receivable 121,300 106,300 117,600 128.100 383.500 Inventory Total current assets Plant assets (net) Total assets 664,000 338.100 525,300 $873.400 $1.047,500 $ 163,500 $149,900 45,600 44100 209,100 192,000 235,000 Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock (5par) Retained earnings Total stockholders' equity Total abilities and stockholders' equity 215.000 400,000 444,100 290,000 300,000 165,400 313,400 403,400 465,400 $1,047,500 $873,400 SUNLAND COMPANY Income Statements For the Years Ended December 31 2017 2016 Net sales $1,894,040 $1,754,000 1,062,040 1,009,500 Cost of goods sold Gross profit 832.000 744,500 Selling and administrative expenses 503.500 482,500 Income from operations 328.500 262,000 Other expenses and losses Interest expense 24 100 22.100 Income before income taxes 304,400 239,900 Income tax expense 94.100 75.100 Net income $ 210,300 $164.800