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Please help The comparative statements of Ivanhoe Company are presented here: IVANHOE COMPANY Income Statements For the Years Ended December 31 begin{tabular}{|c|c|c|} hline & 2019
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The comparative statements of Ivanhoe Company are presented here: IVANHOE COMPANY Income Statements For the Years Ended December 31 \begin{tabular}{|c|c|c|} \hline & 2019 & 2018 \\ \hline Net sales & $1,896,140 & $1,756,100 \\ \hline Cost of goods sold & 1,064,140 & 1,011,600 \\ \hline Gross profit & 832,000 & 744,500 \\ \hline Selling and administrative expenses & 505,600 & 484,600 \\ \hline Income from operations & 326,400 & 259,900 \\ \hline \multicolumn{3}{|l|}{ Other expenses and losses } \\ \hline Interest expense & 24,100 & 22,100 \\ \hline Income before income taxes & 302,300 & 237,800 \\ \hline Income tax expense & 94,100. & 75,100 \\ \hline Net income & $208,200 & $162,700 \\ \hline \end{tabular} IVANHOE COMPANY Balance Sheets December 31 \begin{tabular}{lrr} Assets & 2019 & 2018 \\ \hline Current assets & & \\ Cash & $60,100 & $64,200 \\ Debt investments (short-term) & 74,000 & 50,000 \\ Accounts receivable & 123,40 & 108,400 \\ \hline Inventory & 128,100 & 117,600 \\ \hline Total current assets & 385,600 & 340,200 \\ Plant assets (net) & 660,000 & 531,300 \\ Total assets & $1,045,600 & $871,500 \\ \hline \end{tabular} All sales were on account. Net cash provided by operating activities for 2019 was $249,000. Capital expenditures were $135,000, and cash dividends were $60,200. Compute the following ratios for 2019. (Round free cash flow to. 0 decimal places, e.g. 5,275 and all other answers to 2 decimal places, e.g. 1.83 or 1.83%. Use 365 days for calculation.) Question 3 of 5 (a) Earnings per share (b) Return on common stockholders' equity (c) Return on assets (d) Current ratio % (e) Accounts receivable turnover :1 (f) Average collection period times (g) Inventory turnover days (h) Days in inventory times (i) Times interest earned days (j) Asset turnover times (k) Debt to assets ratio % (I) Free cash flow $Step by Step Solution
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