Question 5 of 10 Current assets Total assets Current liabilities Total liabilities Net income Net cash provided by operating activities Preferred dividends Common dividends Expenditures on property, plant, and equipment 2017 $ 65,800 260,000 28,000 85,800 113,375 90,000 4,000 4,000 29,000 2016 $49,590 210,000 34,200 105,000 40,000 56,000 4,000 2,000 12,000 Shares outstanding at beginning of year Shares outstanding at end of year 45,000 80,000 35,000 45,000 (a) Compute earnings per share for 2017 and 2016 for Culver. (Round answers to 2 decimal places, eg. 52.75.) 2017 2016 Earnings per share $ (b) Compute the current ratio and debt to assets ratio for each year. (Round answers to 2 decimal places, eg. 15.25.) 2017 2016 :1 :1 Current ratio 96 96 Debt to assets ratio