The comparative statements of Blossom Company are presented here BLOSSOM COMPANY Income Statements For the Years Ended December 31 2017 2016 Net sales $1,893,340 $1,753,300 Cost of goods sold 1,061,340 1,008,800 832,000 744,500 Gross profit Selling and administrative expenses 502,800 481,800 Income from operations 329,200 262.700 Other expenses and losses Interest expense 23,700 21,700 305.500 241,000 Income before income taxes Income tax expense 93.700 74,700 Net income $ 211.800 $ 166,300 BLOSSOM COMPANY Balance Sheets December 31 Assets 2017 2016 Current assets Cash $ 60,100 $ 64,200 Debt investments (short-term) 74,000 50,000 Accounts receivable 120,600 105,600 Inventory 127,700 117,200 Total current assets 382,400 337,000 Plant assets (net) 664,000 535,300 Total assets $1,046,400 $872,300 Liabilities and Stockholders' Equity Current liabilities Accounts payable $ 162,800 $148.200 Income taxes payable 45.200 43,700 Total current liabilities 208.000 191.900 Bonds payable 235.000 215.000 -/1 Bonds payable 235.000 215,000 Total liabilities 443,000 406,900 Stockholders' equity 290,000 300,000 313.400 Common stock ($5 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 165,400 465,400 603.400 $1,046,400 $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, eg 183 or 1.83%) (a Earnings pershare $ (b Return on common stockholders equity (c Return on assets d Current ratio (c) Return on assets % (d) Current ratio -1 (e) Accounts receivable turnover times (5) Average collection period days ch Inventory turnover times (h) Days in inventory days (0) Times interest earned times (1) Asset turnover times (k) Debt to assets ratio 96 () Free cash flow $