Problem 13-2A

The comparative statements of Osborne Company are presented here.

All sales were on account. Net cash provided by operating activities for 2014 was $220,000. Capital expenditures were $136,000, and cash dividends were $70,000.

This is what I have so far, I would like help with ( g ), ( h ), ( j ), ( k ), ( l ), ( m ), and ( n ). Basically everything that I am missing. Thanks!

OSBORNE COMPANY Income Statements For the Years Ended December 31 2014 2013 Net sales Cost of goods sold Gross profit Selling and administrative expenses Income from operations Other expenses and losses $1,890,540 $1,750,500 -1,058,540-1,006,000 744,500 832,000 332,000 265,500 Interest expense Income before income taxes Income tax expense Net income 310,000 245,500 5 172.500 OSBORNE COMPANY Balance Sheets December 31 Assets Current assets 2014 2013 Cash Debt investments (short-term) Accounts receivable Inventory 60,100 64,200 00050,000 117,800 102,800 Total current assets Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities 377,900332,500 $1,026,900 $852,800 Accounts payable Income taxes payable $160,000 $145,400 43,500 42.000 203,500 187,400 Total current liabilities Bonds payable Total liabilities Common stock ($5 par) Total stockholders' equity Stockholders' equity 290,000 300,000 Retained earnings Total liabilities and stockholders' equity $1,026.900 $852,800 Compute the following ratios for 2014. (Round all answers to 2 decimal places, eg. 1.83 or 12.61%.) (a) Earnings per share (b) Return on common stockholders' equity (c) Return (d) Current ratio (e) Accounts receivable turnover (f) Average collection period (g) Inventory turnover (h) Days in inventory (i) Times interest earned G) Asset turnover (k) Debt to assets (I) Current cash debt coverage (m) Cash debt coverage (n) Free cash flow 3.69 40, 791 % on assets 23.19 1.86 :1 17.14 times 21.30 days mes days 15.09 times times times times