The comparative statements of Pharoah Company are presented here. \begin{tabular}{llll} \hline & \begin{tabular}{c} PHAROAH COMPANY \\ Balance Sheets \\ December 31 \end{tabular} & \\ \cline { 2 - 3 } Assets & 2022 & 2021 \\ \hline Current assets & $54,090 & $57,780 \\ Cash & 66,600 & 45,000 \\ Debt investments (short-term) & 106,020 & 92,520 \\ Accounts receivable & 113,400 & 103,950 \\ Inventory & 340,110 & 299,250 \\ Total current assets & 584,100 & 468,270 \\ Plant assets (net) & $924,210 & $767,520 \\ \hline Total assets & & & \\ \hline \end{tabular} Liabilities and Stockholders' Equity Current liabilities \begin{tabular}{lrr} Accounts payable & $144,000 & $130,860 \\ Income taxes payable & 39,150 & 37,800 \\ Total current liabilities & 183,150 & 168,660 \\ Bonds payable & 198,000 & 180,000 \\ Total liabilities & 381,150 & 348,660 \\ Stockholders' equity & & \\ Common stock (\$4 par) & 261,000 & 270,000 \\ Retained earnings & 282,060 & 148,860 \\ Total stockholders' equity & 543,060 & 418,860 \\ Total liabilities and stockholders' equity & $924,210 & \\ & & \end{tabular} All sales were on account. Net cash provided by operating activities for 2022 was $198.000. Capital expenditures were $122,400, and cash dividends were $83,220. Compute the following ratios for 2022 . (Round all answers to 2 decimal ploces, es. 1.83 or 1.83% ) Question 2 of 6 13E (c) Returnon assets (d) Current ratio (e) Accounts receivable turnover (f) Average collection period (g) Inventory turnover (h) Days in inventory (i) Times interest earned (i) Asset turnover (k) Debt to assets ratio (i) Freecash flow % 11 times days times days times times % $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answe