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The comparative statements of Blossom Company are presented here. BLOSSOM COMPANY Income Statements For the Years Ended December 31 2022 2021 Net sales $2,326,400 $2,170,000

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The comparative statements of Blossom Company are presented here. BLOSSOM COMPANY Income Statements For the Years Ended December 31 2022 2021 Net sales $2,326,400 $2,170,000 Cost of goods sold 1,287,000 1,267,560 Gross profit 1,039,400 902,440 Selling and administrative expenses 630,000 603,540 Income from operations 409,400 298,900 Other expenses and losses Interest expense 27,720 25,200 Income before income taxes 381,680 273,700 Income tax expense 114,504 82,110 Net income $ 267,176 $ 191,590 BLOSSOM COMPANY Balance Sheets December 31 Assets 2022 2021 Current assets Cash $ 75,726 $ 80,892 Debt investments (short-term) 93,240 63,000 Accounts receivable 148,428 129,528 Inventory 158,760 145,530 Total current assets 476,154 418,950 Plant assets (net) 817,740 655,578 Total assets $1,293,894 $1,074,528 Liabilities and Stockholders' Equity Current liabilities Accounts payable $ 201,600 $183,204 Income taxes payable 54,810 52,920 Total current liabilities 256,410 236,124 Bonds payable 277,200 252,000 Total liabilities 533,610 488,124 Stockholders' equity Common stock ($5 par) 365,400 378,000 Retained earnings 394,884 208,404 Total stockholders' equity 760,284 586,404 Total liabilities and stockholders' equity $1,293,894 $1,074,528 All sales were on account. Net cash provided by operating activities for 2022 was $277,200. Capital expenditures were $171,360, and cash dividends were $80,696. Compute the following ratios for 2022. (Round all answers to 2 decimal places, eg. 1.83 or 1.83%) (a) Earnings per share $ (b) Return on common stockholders' equity 39.68 % (c) Return on assets % (d) Current ratio :1 (e) Accounts receivable turnover times (f) Average collection period days (8) Inventory turnover times (h) Days in Inventory days (1) Times Interest earned times Asset turnover times (k) Debt to assets ratio % Free cash flow $

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