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The comparative statements of Carla Vista Co. are presented here. CARLA VISTA CO. Income Statements For the Years Ended December 31 2017 2016 Net sales

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The comparative statements of Carla Vista Co. are presented here. CARLA VISTA CO. Income Statements For the Years Ended December 31 2017 2016 Net sales $1,897,540 $1,757,500 Cost of goods sold 1,065,540 1,013,000 Gross profit 832,000 744,500 Selling and administrative expenses 507.000 486,000 Income from operations 325,000 258,500 Other expenses and losses Interest expense 24,000 22,000 Income before income taxes 301.000 236,500 Income tax expense 94,000 75,000 Net income $ 207.000 $ 161,500 CARLA VISTA CO. Balance Sheets December 31 Assets 2017 2016 Current assets Cash $ 60,100 $ 64,200 Debt investments (short-term) 74,000 50,000 Accounts receivable 124,800 109.800 Inventory 128,000 117.500 Total current assets 386,900 341.500 Plant assets (net) 659,000 530,300 Total assets $1,045,900 $871,800 Liabilities and Stockholders' Equity current abilities Accounts payable $ 167.000 $152,400 Income taxes payable 45,500 44,000 Total current liabilities 212.500 196,400 Bonds payable 230.000 210,000 Total liabilities 442.500 406,400 Stockholders' equity Common stock ($5 par) 290,000 300,000 Retained earnings 313,400 165,400 Total stockholders' equity 603,400 465,400 Total liabilities and stockholders' equity $1,045,900 $871,800 All sales were an account. Net cash provided by operating activities for 2017 was $251.000. Capital expenditures were $135,000, and cash dividends were $59.000 Compute the following ratios for 2017. (Round all answers to 2 decimal places, e.g. 1.83 or 1.83%) (a) Earnings per share $ (b) Return on common stockholders' equity (c) Return on assets (d) Current ratio $1 le) Accounts receivable turnover times Average collection period days times Inventory turnover days th Days in Inventory tu Times interest earned 0 Asset turn Debt to assets ratio

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