The comparative statements of Wahlberg Company are presented here. 2019 Wahlberg Company Income Statement For the Years Ended December 31 2020 Net sales $1,811,500 Cost of goods sold 1,008,900 Gross profit 802,600 Selling and administrative expenses 518,600 Income from operations 284,000 Other expenses and losses Interest expense 17,800 Income before income taxes 266,200 Income tax expense 80,152 Net income $ 186,048 $1,752,200 982,000 770,200 472,800 297,400 13,800 283,600 76,400 $ 207,200 2019 $64,400 50,000 102,200 115.000 331,600 521,900 $853,500 Wahlberg Company Balance Sheets December 31 Assets 2020 Current assets Cash $59,700 Debt investments (short-term) 70,500 Accounts receivable 117,200 Inventory 123,900 Total current assets 371,300 Plant assets (net) 600,800 Total assets $972,100 Liabilities and Stockholders' Equity Current liabilities Accounts payable $159,300 Income taxes payable 43,500 Total current liabilities 202,800 Bonds payable 220,000 Total liabilities 422,800 Stockholders' equity Common stock ($5 par) 282,800 Retained earnings 266,500 Total stockholders' equity 549,300 Total liabilities and stockholders' equity $972,100 $144,200 41,000 185,200 200,000 385,200 298,600 169,700 468,300 $853,500 All sales were on account. Net cash provided by operating activities for 2020 was $242,000. Capital expenditures were $128,000, and cash dividends were $89,248. Compute the following ratios for 2020. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, e.g. 1.65 or 1.65:1, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%. Use 365 days for calculation.) Compute the following ratios for 2020. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, e.g. 1.65 or 1.65:1, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%. Use 365 days for calculation.) (a) (b) Earnings per share Return on common stockholders' equity (c) Return on assets (d) (e) Current ratio Accounts receivable turnover times (f) Average collection period days (g) Inventory turnover times (h) Days in inventory days (i) Times interest earned times (i) Asset turnover times (k) Debt to assets ratio (1) Free cash flow