The comparative statements of Carla Vista Co. are presented here. 2016 $1,753,900 1,009,400 CARLA VISTA CO. Income Statements For the Years Ended December 31 2017 Net sales $1,893,940 Cost of goods sold 1,061,940 Gross profit 832,000 Selling and administrative expenses 503,400 Income from operations 328,600 Other expenses and losses Interest expense 23,100 Income before income taxes 305,500 Income tax expense 93,100 Net income $ 212,400 744,500 482,400 262,100 21,100 241,000 74,100 $ 166,900 AN CARLA VISTA CO. Balance Sheets December 31 Assets 2017 2016 el ly $ 60,100 74,000 121,200 127.100 382,400 662,000 Current assets Cash Debt investments (short-term) Accounts receivable Inventory Total current assets Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities $ 64,200 50,000 106,200 116,600 337,000 533,300 $870,300 $1,044,400 $ 163,400 $118.800 44.000 43,100 209,000 191,900 233,000 213,000 441.000 104.900 441,000 401,900 Total abilities Stockholders' equity Common stock (55 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 290.000 313,400 603.400 $1,044,400 300,000 165.400 465.400 870,300 All sales were on account. Net cash provided by operating activities for 2017 was $237,000. Capital expenditures were $136,000, and cash dividends were $64,400, Compute the following ratios for 2017. (Round current ratio, carings per share and asset tumower to decimal places 1.6 and all other anwesto I decimal places 1.8 or 2.5%. Use 365 days in calculation) (a) Earnings per share $ (b) Return on common stockholders' equity (c) Return on assets (d) Current ratio fe) Accounts receivable turnover Umes f) Average collection period days (9) Inventory turnover ch) Days In inventory days (b) Return on common stockholders' equity % ESOURCES mework aded for (c) Return on assets % (d) Current ratio :1 Part Level (e) Accounts receivable turnover times (f) Average collection period days by Study (9) Inventory turnover times (h) Days in inventory days (i) Times interest earned times (i) Asset turnover times (k) Debt to assets ratio (1) Free cash flow $ Click if you would like to Show Work for this question pen Show Work