Please see attached document, please see attached document

Problem 13-2A The comparative statements of Osborne Company are presented here. OSBORNE COMPANY Income Statements For the Years Ended December 31 2014 2013 Net sales $1,895,315 $1,755,275 Cost of goods sold 1,063,315 1,010,775 Gross profit 832,000 744,500 Selling and administrative 504,775 483,775 expenses Income from operations 327,225 260,725 Other expenses and losses Interest expense 24,079 22,079 Income before income taxes 303,146 238,646 Income tax expense 94,079 75,079 Net income $ 209,067 $ 163,567 OSBORNE COMPANY Balance Sheets December 31 2014 Assets Current assets Cash Debt investments (short-term) Accounts receivable Inventory Total current assets Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock ($5 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 2013 $ 60,100 $ 64,200 74,000 50,000 122,575 107,575 128,079 117,579 384,754 339,354 662,866 534,166 $1,047,620 $873,520 $ 164,775 $150,175 45,579 44,079 210,354 194,254 233,866 213,866 444,220 408,120 290,000 313,400 603,400 300,000 165,400 465,400 $1,047,620 $873,520 All sales were on account. Net cash provided by operating activities for 2014 was $231,390. Capital expenditures were $136,220, and cash dividends were $61,067. Compute the following ratios for 2014. (Round all answers to 2 decimal places, e.g. 1.83 or 12.61%.) $ (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 (i) Times interest earned times (j) Asset turnover times (k) Debt to assets % (l) Current cash debt coverage times (m) Cash debt coverage times $ (n) Free cash flow