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Oriole Company has these comparative balance sheet data: ORIOLE COMPANY Balance Sheets December 31 2022 2021 Cash $ 25,635 $ 51,270 Accounts receivable (net) 119,630

Oriole Company has these comparative balance sheet data:

ORIOLE COMPANY Balance Sheets December 31
2022 2021
Cash $ 25,635 $ 51,270
Accounts receivable (net) 119,630 102,540
Inventory 102,540 85,450
Plant assets (net) 341,800 307,620
$ 589,605 $ 546,880
Accounts payable $ 85,450 $ 102,540
Mortgage payable (15%) 170,900 170,900
Common stock, $10 par 239,260 205,080
Retained earnings 93,995 68,360
$ 589,605 $ 546,880

Additional information for 2022:

1. Net income was $ 33,900.
2. Sales on account were $ 395,200. Sales returns and allowances amounted to $ 28,100.
3. Cost of goods sold was $ 217,500.
4. Net cash provided by operating activities was $ 56,500.
5. Capital expenditures were $ 26,600, and cash dividends were $ 20,800.

Compute the following ratios at December 31, 2022. (Round current ratio and inventory turnover to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.)

(a) Current ratio. enter current ratio rounded to 2 decimal places :1
(b) Accounts receivable turnover. enter accounts receivable turnover in times rounded to 1 decimal place times
(c) Average collection period. enter average collection period in days rounded to 1 decimal place days
(d) Inventory turnover. enter inventory turnover in times rounded to 2 decimal places times
(e) Days in inventory. enter days in inventory rounded to 1 decimal place days
(f) Free cash flow. $ enter free cash flow in dollars rounded to 1 decimal place

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