Problem 2-6A Condensed balance sheet and income statement data for Blossom Company are presented as follows.

Blossom Company Balance Sheets December 31

Assets 2017 and 2016 (respectively)

Cash $ 30,700 $ 22,700

Receivables (net) 82,100 74,100

Other current assets 102,100 85,100

Long-term investments 62,000 60,000

Property, plant, and equipment (net) 522,100 482,100

Total assets $ 799,000 724,000

Liabilities and Stockholders Equity

Current liabilities $ 77,700 $ 72,700

Long-term liabilities 92,100 102,100

Common stock 342,100 312,100

Retained earnings 287,100 237,100

Total liabilities and stockholders equity $ 799,000 $ 724,000

Blossom Company Income Statements For the Years Ended December 31 2017 2016

Sales revenue $789,000 $691,000

Cost of goods sold 440,000 400,000

Operating expenses (including income taxes) 240,000 220,000

Net income $ 109,000 $ 71,000

Additional information:

Net cash from operating activities $123,800 $58,700

Cash used for capital expenditures $47,700 $38,000

Dividends paid on common shares $59,000 $17,700

Weighted-average number of shares outstanding 33,000 30,000

Compute these values and ratios for 2016 and 2017. (Round Earnings per share to 2 decimal places, e.g. $2.78 and Current Ratio and Debt to assets ratio to 1 decimal place, e.g. 15.2. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) 2017 2016

2016 & 2017

(a) Earnings per share.

(b) Working capital.

(c) Current ratio.

(d) Debt to assets ratio.

(e) Free cash flow.