The comparative statements of Blossom Company are presented here. 2016 $1.753,300 1,008,800 744,500 * 481,800 BLOSSOM COMPANY Income Statements For the Years Ended December 31 2017 Net sales $1,893,340 Cost of goods sold 1,061,340 Gross profit 832,000 Selling and 502,800 administrative expenses Income from operations 329,200 Other expenses and losses Interest expense 23.700 Income before income 305,500 taxes Income tax expense 93,700 Net income $ 211,800 262,700 21.700 241,000 74.700 $ 166,300 2016 BLOSSOM COMPANY Balance Sheets December 31 Assets 2017 Current assets Cash $ 60,100 Debt investments (short-term) 74,000 Accounts receivable 120,600 Inventory 127,700 Total current assets 382,400 Plant assets (niet) 664,000 Total assets $1,046,400 Liabilities and Stockholders' Equity Current liabilities Accounts payable $ 162.800 Income taxes payable 45,200 Total current liabilities 208,000 Bonds payable 235,000 Total liabilities 443,000 $ 64,200 50,000 105,600 117.200 337,000 535,300 $872,300 $148,200 43,700 191.900 215,000 406.900 Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock ($5 par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 162,800 45,200 208,000 235,000 443,000 $148,200 43,700 191.900 215,000 406,900 290,000 313,400 603,400 $1.046.400 300,000 165,400 465,400 $872,300 All sales were on account. Net cash provided by operating activities for 2017 was $241,000. Capital expenditures were $135,000. and cash dividends were $63,800, Compute the following ratios for 2017. (Round all answers to 2 decimal places es. 1.83 or 1.83%) Compute the Towing TATISTOT ZUTTO TROUN ar answers to Zoecimal places, y. LOJ (a) Earnings per share 24.53 % (b) % lo :1 (d) times (e) Return on common stockholders' equity Return on assets Current ratio Accounts receivable turnover Average collection period Inventory turnover Days in inventory days times (B) days (h) times (1) Times interest earned times 0 Asset turnover Debt to assets ratio 00 Free cash flow