The comparative statements of Ivanhoe Company are presented here. 2016 $1,756,100 1,011,600 744,500 484,600 IVANHOE COMPANY Income Statements For the Years Ended December 31 2017 Net sales $1,896,140 Cost of goods sold 1,064,140 Gross profit 832,000 Selling and administrative 505,600 expenses Income from operations 326,400 Other expenses and losses Interest expense 24,100 Income before income 302,300 taxes Income tax expense 94,100 Net income $ 208,200 259,900 22,100 237,800 75,100 $ 162,700 IVANHOE COMPANY Balance Sheets December 31 2017 Assets 2016 Current assets C 2010 MADRID 2016 $ 64,200 50,000 108,400 117,600 340,200 531,300 $871,500 IVANHOE COMPANY Balance Sheets December 31 Assets 2017 Current assets Cash $ 60,100 Debt i vestments (short-term) 74,000 Accounts receivable 123,400 Inventory 128,100 Total current assets 385,600 Plant assets (net) 660.000 Total assets $1,045,600 Liabilities and Stockholders' Equity Current liabilities Accounts payable $ 165,600 Income taxes payable 45,600 Total current liabilities 211,200 Bonds payable 231,000 Total liabilities 442,200 Stockholders' equity Common stock ($5 par) 290,000 Retained earnings 313,400 Total stockholders' equity 603,400 Total liabilities and stockholders' equity $1,045,600 $ 151,000 44,100 195,100 211,000 406,100 300,000 165,400 465,400 $871,500 All sales were on account. Net cash provided by operating activities for 2017 was $249.000. Capital expenditures were $135.000, and cash dividends were $60,200. Compute the following ratios for 2017 (Round all answers to 2 decimal places, es 1.83 or 1.83%) $ % b) c) % :1 times (a) Arnings per share (b) Return on common stockholders equity Return on assets (d) Current ratio Accounts receivable turnover (6) Average collection period Inventory turnover (h) Days in inventory 0 Times interest earned 0 Asset turnover Debt to assets ratio days (g) times days times times Ik) 96 (0) Free cash flow $