Profitability, Liquidity, and Solvency Ratios Alex Corporation gathered the following information from its financial statements: Net Sales $175,000 Net Income 35,000 Cash provided by Operating Activities 40,000 Expenditures on Property, plant and Equipment 15,000 Current Assets 47,250 Current Liabilities 27,000 Total Assets 135,000 Total Liabilities 94,500 96 Using the above data, calculate the following (1) return on sales ratio, (2) current ratio, (3) debt-to-total-assets ratio, and (4) free cash flow. (Round return on sales and debt-to-total assets ratios to one decimal point and round current ratio to two decimal points.) Return on Sales Ratio Current Ratio Debt-to Total Assets Ratio Free Cash Flow $ 96