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The comparative statements of Simpson Company are presented here: begin{tabular}{|l|r|r|} hline multicolumn{2}{|c|}{SimpsonCompanyBalanceSheetsDecember31} hline & hline ASSETS & 2022 & 2021 hline Current
The comparative statements of Simpson Company are presented here: \begin{tabular}{|l|r|r|} \hline \multicolumn{2}{|c|}{SimpsonCompanyBalanceSheetsDecember31} \\ \hline & \\ \hline ASSETS & 2022 & 2021 \\ \hline Current Assets: & \\ \hline Cash & 23,100 & 21,600 \\ \hline Debt Investments (short-term) & 44,800 & 33,000 \\ \hline Accounts Receivable (net) & 106,200 & 83,800 \\ \hline Inventory & 116,400 & 74,000 \\ \hline Total Current Assets & 290,500 & 212,400 \\ \hline Plant Assets (net) & 485,000 & 439,600 \\ \hline Total Assets & 775,800 & 652,000 \\ \hline LIABILITIES \& STOCKHOLDERS' EQUITY & & \\ \hline \hline Current Liabilities: & & \\ \hline Accounts Payable & 138,200 & 132,000 \\ \hline Income taxes Payable & 25,300 & 24,000 \\ \hline Total Current Liabilities & 163,500 & 156,000 \\ \hline Bonds Payable & 132,000 & 120,000 \\ \hline Total Liabilities & 295,500 & 276,000 \\ \hline Stockholders Equity - Common & & \\ \hline Common Stock (\$10 par) & 150,000 & 130,000 \\ \hline Retained Earnings & 330,300 & 246,000 \\ \hline Total Stockholders Equity & 480,300 & 376,000 \\ \hline Total Liabilities \& Stockholders Equity & 775,800 & 652,000 \\ \hline \hline \end{tabular} Capital were on credit. Net cash provided by operating activities for 2022 was $108,000. Capital expenditures were $47,000, and cash dividends were $30,900. Instructions Compute the following ratios for 2022 . (a) Earnings per share. (h) Days in inventory. (b) Return on common stockholders' equity. (i) Times interest earned. (c) Return on assets. (j) Asset turnover. (d) Current ratio. (k) Debt to assets ratio. (e) Accounts receivable turnover. (l) Current cash debt coverage. (f) Average collection period. (m) Cash debt coverage. (g) Inventory turnover. (n) Free cash flow. FYI: make sure you indicate if your answer is: "\$" or "\%" or "times" or "days" (Ex: " 8"= is wrong. BUT: 8 days, 8%,$8,8 times = correct) "\$" or "\%" or "times" or "days" (Ex: "8" = is wrong. BUT: 8 days, 8%,$8,8 times = correct)
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