mparative statements of War Waniborg Compa ompany are presented here 2019 Wahlberg Company Income Statement For the Years Ended December 31 2020 Net sales $1,815,400 Cast of goods sold 1,012,500 Grass profit 802,900 Selling and administrative expenses 514,200 Income from operations 288,700 Other expenses and losses Interest expense 18,100 Income before income taxes 270,600 Income tax expense 79,332 Net income $ 191,266 $1,748,300 991,000 757,300 474,200 283,100 13,000 270,100 76,400 $ 193,700 2019 563,700 50,700 102,300 114,800 331,500 523,100 $854,600 Wahlberg Company Balance Sheets December 31 Assets 2020 Current assets Cash $59,400 Debt investments (short-term) 70, 100 Accounts receivabla 117,800 Inventory 124,000 Tatal current assets 371,300 Plant assets (net) 596,900 Total assets $968,200 Liabilities and Stockholders' Equity Current liabilities Accounts payable $159,000 Income taxes payable 42,000 Total current liabilities 201,000 Bonds payable 220,000 Total liabilities 421,000 Stockholders' equity Common stock ($5 par) 279,500 Retained earnings 267,700 Total stockholders' equity 547,200 Total liabilities and stockholders' equity $968,200 $145,000 42,500 187,500 200,000 387,500 300,100 167,000 467,100 $854,600 All sales were an account. Net cash provided by operating activities for 2020 was $241,000. Capital expenditures were $137,000, and cash dividends were $90,568. Compute the following ratios for 2020. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, e.g. 1.65 or 1.65:1, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%. Use 365 days for calculation.) Compute the following ratios for 2020. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, e.g. 1.65 or 1.65:1, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%. Use 365 days for calculation.) (a) Earnings per share $ (b) Return on common stockholders' equity % (c) Return on assets % (d) Current ratio : 1 (e) Accounts receivable turnover times (f) Average collection period days (g) Inventory turnover times (h) Days in inventory days (0) Times interest earned times (j) Asset turnover times (k) Debt to assets ratio % (1) Free cash flow $