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The comparative statements of Blossom Company are presented here. BLOSSOM COMPANY Income Statements For the Years Ended December 31 2022 Net sales $2,326,400 Cost of

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The comparative statements of Blossom Company are presented here. BLOSSOM COMPANY Income Statements For the Years Ended December 31 2022 Net sales $2,326,400 Cost of goods sold 1,287.000 Gross profit 1,039.400 Selling and administrative expenses 630,000 Income from operations 409,400 Other expenses and losses Interest expense 27.720 Income before income taxes 381,680 Income tax expense 114,504 Net income $ 267,176 2021 $2.170,000 1,267,560 902,440 603,540 298,900 25.200 273.700 82,110 $191,590 Balance Sheets December 31 2022 2021 Assets Current assets Cash Debt investments (short-term) Accounts receivable Inventory Total current assets Plant assets (net) Total assets $75.726 93.240 148,428 158,760 476,154 817,740 $1.293,894 $ 80.892 63,000 129,528 145,530 418,950 655,578 $1,074,528 $183,204 52.920 Liabilities and Stockholders' Equity 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 $ 201,600 54,810 256,410 277,200 533,610 236.124 252,000 488,124 365,400 394,884 760,284 $1.293,894 378,000 208,404 586,404 $1,074,528 All sales were on account. Net cash provided by operating activities for 2022 was $277, 200. Capital expenditures were $171.060. and cash dividends were $80.69 Compute the following ratios for 2022. Round all amovers to 2 decimal places, 1.83 or 1.83%) Earnings per share Return on common stockholders equity Return on assets Current ratio :1 Accounts receivable tumover times 0 Average collection period days Inventory turnover times th Days in inventory days Times interest earned time Asset tumove time Debit to assets ratio Free cash flow

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