Question 4 your answer is incorrect. Try again. The comparative statements of Wahlberg Company are presented here. Wahlberg Company Income Statement For the Years Ended December 31 2020 IL13.400 Cont of goodsalt 1.007.100 Gross profit BO5.500 Selling and driven S.9.200 Income from 20,70 Other expenses and Interesse 17.300 Income before income 200.000 2013 11.2.700 978,000 772,700 472,000 300,700 206.500 77.500 5200,000 Net income 51. Wahlberg Company Balance Sheet December 31 Assets Current 2019 Dentes short term 50.100 50.300 Accounts receivable 117,500 100.00 122.000 135.00 Total current 370.000 333.300 01.200 5972.000 5857,200 Liabilities and Stockholders' Equity Current Accountable $380.000 44.00 thcometre payable 6.100 42.200 to current 203.700 187.000 todel 220,000 200.000 307.000 Stockholders Cum 085 277.400 27.100 Ratings 270.000 173.100 Total stockholders' equity SR300 Total abilities and stockholders equity 1972.000 All sales were on account. Net cash provided by operating activities for 2020 was $243,000. Capital expenditures were $139,000, and cash dividends were $91,785. Compute the following ratios for 2020. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, e.g. 1.65 or 1.65:1, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%. Use 365 days for calculation.) * Earrings per (5) ton common stockholdere (s) Ramon (4) Current (e) Account tumover (d) Current ratio 1.8 (e) Accounts receivable turnover times (1) Average collection period days (9) Inventory turnover times (h) Days in inventory days bilgileri Times interest earned times (1) (1) Asset turnover times (k) Debt to assets ratio % (1) Free cash flow El your answer is incorrect. Try again. The comparative statements of Wahlberg Company are presented here. Wahlberg Company Income Statement For the Years Ended December 31 2020 2019 Net sales $1,813,600 $1,750,700 Cost of goods sold 1,007,100 978,000 Gross profit 806,500 772,700 Selling and administrative expenses 519,800 472,000 Income from operations 286,700 300,700 Other expenses and losses Interest expense 17,100 14,200 Income before income taxes 269,600 286,500 Income tax expense 80,015 77,500 Net income $ 189,585 $ 209,000 2019 $64,600 50,300 102,800 115,600 333,300 523,900 5857,200 Wahlberg Company Balance Sheets December 31 Assets 2020 Current assets Cash $60,600 Debt investments (short-term) 69,100 Accounts receivable 117.500 Inventory 123,600 Total current assets 370,600 Plant assets (net) 601,200 Total assets $972,000 Liabilities and Stockholders' Equity Current liabilities Accounts payable $160,600 Income taxes payable 43,100 Total current liabilities 203,700 Bonds payable 220,000 Total liabilities 423,700 Stockholders' equity Common stock ($5 par) 277,400 Retained earnings 270,900 Total stockholders' equity 548,300 Total liabilities and stockholders' equity $972,000 $144,800 42,200 187,000 200,000 387,000 297,100 173,100 470,200 $857,200 All sales were on account. Net cash provided by operating activities for 2020 was $243,000. Capital expenditures were $139,000, and cash dividends were $91,785