Question 17 of 17 - /15 Ayayai Company has these comparative balance sheet data: AYAYAI COMPANY Balance Sheets December 31 Cash Accounts recelvable Inet) Inventory Plant assets Inet 2022 $35,000 55,000 52,000 160,000 $302,000 $40,000 85,000 127,000 50,000 $302,000 2021 $ 26,000 52.000 42.000 170.000 $290.000 $ 55 CCC 100.000 100.ccc 35.000 $2900CC Accounts payable Mortgage payable (15%, duc in 15 years) Common stock, $10 par Retained earnings Additional information for 2022. 1. 2. 3. Net income was $20,000 Sales on account were $400.CCO. Sales returns and allowances amounted to $22,000. Cost of goods sold was $200,000. Net cash provided by operating activities was $40.000 Capital expenditures were $20,000, and cash dividends were $10,000. 5. Compute the following ratias at December 31, 2022. (Round all answers to 1 decimal place, e.g. 1.8) (al Current ratio :1 Accounts receivable turnover c) Average collection period days id) Inventory turnover times le! Days in inventory days (f) Frec cash flow $ Mtumtranf 1 urad Atemtr