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The comparative statements of Ivanhoe Company are presented here. IVANHOE COMPANY Income Statements For the Years Ended December 31 2017 2016 Net sales $1,897,540 $1,757,500

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The comparative statements of Ivanhoe Company are presented here. IVANHOE COMPANY 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 24,100 22.100 Income before income taxes 300,900 236,400 Interest expense 24,100 22,100 Income before income taxes 300,900 236,400 Income tax expense 94,100 75,100 Net income $ 206,800 $ 161,300 IVANHOE COMPANY Balance Sheets December 31 Assets 2017 2016 Current assets Cash $ 60,100 $ 64,200 74.000 Debt investments (short-term) Accounts receivable 50,000 124,800 109.800 Inventory 128,100 117,600 Total current assets 387.000 341,600 Plant assets (net) 664.000 535,300 Plant assets (net) 664,000 535,300 $1,051.000 $876,900 $ 167,000 $152,400 Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities 45,600 44,100 212,600 196,500 235,000 215,000 447,600 411,500 Stockholders' equity Common stock (55 par) 290,000 300,000 Retained earnings 313,400 165,400 Total stockholders' equity 603,400 465,400 Totalliabilities and stockholders' equity $1.051.000 $376,900 All sales were on account. Net cash provided by operating activities for 2017 was $223,000. Capital expenditures were $137.000, and cash dividends were $58,800. Compute the following ratios for 2017. (Round all answers to 2 decimal places, eg. 1.83 or 1,83%) (a) Earnings per share $ (b) Return on common stockholders' equity 96 (c) Return on sets % (d) Current ratio :1 (e) Accounts receivable turnover times (0) Average collection period days (8) Inventory turnover times (h) Days in inventory days (0) Times interest earned times Asset turnover times (k) Debt to assets ratio % Free cash flow

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