The comparative statements of Wahlberg Company are presented here. Wahlberg Company Income Statement For the Years Ended December 31 2020 2019 $1,813,600 $1,746,200 Net sales Cost of goods sold 990,000 1,013,400 Gross profit 800,200 756,200 Selling and administrative expenses 514,800 474,000 Income from operations 285,400 282,200 Other expenses and losses Interest expense 17,400 14,400 Income before income taxes 268,000 267,800 Income tax expense 78,019 77,600 Net income $ 189,981 $ 190,200 Wahlberg Company Balance Sheets December 31 Assets 2020 2019 Current assets Cash $60,000 $64,700 Debt investments (short-term) 70,200 49,600 Accounts receivable 117,400 101,100 Inventory 123,700 115,500 Total current assets 371,300 330,900 Plant assets (net) 598,900 523,900 Total assets $970,200 $854,800 Liabilities and Stockholders' Equity Current liabilities Accounts payable $160,800 $144,700 Income taxes payable 43,500 41,800 Total current liabilities 204,300 186,500 Bonds payable 220,000 200,000 Total liabilities 424,300 386,500 Stockholders' equity Common stock ($5 par) 275,600 300,100 Retained earnings 270,300 168,200 Total stockholders' equity 545,900 468,300 Total liabilities and stockholders equity $970,200 $854,800 All sales were on account. Net cash provided by operating activities for 2020 was $230.000. C Comnute the followion Debt investments (ahort lerm) /0,2tt6 .600 101.100 117,400 Accounts recnivable 123,700 115,500 Inventory Total ourrent assets 371,300 30,900 598.900 523,900 Plant assets (net) $854,800 Total assets $970,200 Liabilities and Stoclholders Fquity Curenit liabilities Accounts payable $144,700 $160,800 Income taxes payable 43,500 41,800 Total current liabilities 204,300 186,500 Bonds payable 220,000 200,000 Total liabilities 424,300 386,500 Stockholders' equity Common stodk ($5 par) 275,600 300,100 Retained earnings 270,300 168.200 Total stockholders equity 545,900 468,300 Total liabilities and stockholders equity $854,800 $970,200 All sales were on account. Net cash provided by operating activities for 2020 was $230,000. Cap Compute the fulluwing ratios for 2020. (Round Earnings per share, Current ratio and Asser (a) Earnings per share- (b) Return on common stockholders equity % (c) Raturm on atdets (d) Carrent ratio :1 (e) Accounts recelvable turnover times (0) Average coloction period days (g) Invantory turnover times (h) Days in nventory days Times interest earned times Asset bamover (i) times Debt to assebs ratio (k) 0) Frde cash flow Current assets Cash $60,000 $64,700 Debt investments (short-term) 70,200 49,600 Accounts receivable 117,400 101,100 Inventory 123,700 115,500 Total current assets 371,300 330,900 Plant assets (net) 598,900 523.900 Total assets $970,200 $854,800 Liabilities and Stockholders' Equity Current liabilities Accounts payable $160,800- $144,700 Income taxes payable 43,500 41,800 Total current liabilities 204,300 186,500 Bonds payable 220,000 200,000 Total liabilities 424,300 386,500 Stockholders' equity Common stock ($5 par) 275,600 300,100 Retained earmings 270,300 168.200 Total stockholders' equity 545,900 468.300 $854,800 Total iabilities and stockholders' equity $970,200 All sales were on account. Net cash provided by operating activities for 2020 was $230.000, Capital expenditures were $136,000, and cash dividends were $87.881. 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) Earnings per share (b) Return on common stockholders' equity % (c) Return on assets % (d) Current ratio :1 Accounts receivable turnover (e) times (1) Average collection period days (o) Inventory turnover times (h) Days in inventory days (i) Times interest earned times () Asset turnover times (k) Debt to assets ratio (1) Free cash flow