The comparative statements of Ivanhoe Company are presented here.

IVANHOE COMPANY

Income Statements For the Years Ended December 31

2022 2021

Net sales $2,030,400 $1,890,000

Cost of goods sold 1,127,000 1,106,600

Gross profit 903,400 783,400

Selling and administrative expenses 550,000 526,900

Income from operations 353,400 256,500

Other expenses and losses Interest expense 24,200 22,000

Income before income taxes 329,200 234,500

Income tax expense 98,760 70,350

Net income $ 230,440 $ 164,150

IVANHOE COMPANY

Balance Sheets

December 31

Assets 2022 2021

Current assets

Cash $ 66,110 $ 70,620

Debt investments (short-term) 81,400 55,000

Accounts receivable 129,580 113,080

Inventory 138,600 127,050

Total current assets 415,690 365,750

Plant assets (net) 713,900 572,330

Total assets $1,129,590 $938,080

Liabilities and Stockholders Equity Current liabilities Accounts payable $ 176,000 $159,940

Income taxes payable 47,850 46,200

Total current liabilities 223,850 206,140

Bonds payable 242,000 220,000

Total liabilities 465,850 426,140

Stockholders equity Common stock ($5 par) 319,000 330,000

Retained earnings 344,740 181,940

Total stockholders equity 663,740 511,940

Total liabilities and stockholders equity $1,129,590 $938,080

All sales were on account. Net cash provided by operating activities for 2022 was $242,000. Capital expenditures were $149,600, and cash dividends were $67,640. Compute the following ratios for 2022. (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

(e) Accounts receivable turnover times

(f) Average collection period days

(g) Inventory turnover times

(h) Days in inventory days

(i) Times interest earned times

(j) Asset turnover times

(k) Debt to assets ratio %

(l) Free cash flow $