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The comparative statements of Oriole Company are presented here. ORIOLE COMPANY Income Statements For the Years Ended December 31 2022 2021 Net sales Cost of

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The comparative statements of Oriole Company are presented here. ORIOLE COMPANY Income Statements For the Years Ended December 31 2022 2021 Net sales Cost of goods sold $2,067,400 $1,925,000 1,147,000 1,126,720 920,400 798,280 560,000 536,480 Gross profit Selling and administrative expenses Income from operations 360,400 261,800 Other expenses and losses Interest expense 24,640 22,400 239,400 71,820 Income before income taxes 335,760 100,728 $ 235,032 Income tax expense $167,580 Net income ORIOLE COMPANY Balance Sheets December 31 2022 2021 Assets Assets 2022 2021 Current assets Cash $67,312 $ 71,904 Debt investments (short-term) 82,880 131,936 56,000 115,136 Accounts receivable Inventory 141,120 129,360 Total current assets 423,248 372,400 726,880 582,736 Plant assets (net) Total assets $1,150,128 $955,136 Liabilities and Stockholders' Equity Current liabilities Accounts payable $ 179,200 $162,848 Income taxes payable 48,720 47,040 Total current liabilities 227,920 209,888 Bonds payable 246,400 224,000 Total liabilities 474,320 433,888 Stockholders' equity Common stock ($5 par) 324,800 351,008 336,000 185,248 Retained earnings Total stockholders' equity 675,808 521,248 Total liabilities and stockholders' equity $1.150,128 $955,136 All sales were on account. Net cash provided by operating activities for 2022 was $246,400. Capital expenditures were $152,320, and cash dividends were $69,272 Compute the following ratios for 2022. (Round all answers to 2 decimal places, 28. 1.83 or 1.83%) (a) Earnings per share (b) Return on common stockholders' equity (c) Return on assets (d) Current ratio le) Accounts receivable turnover (1) Average collection period 16.73 times 21.81 days (8) Inventory turnover 8.48 times (h) Days in Inventory 43.04 days 0) Times interest earned times 0 Asset turnover times (k) Debt to assets ratio Free cash flow

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