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The comparative statements of Wahlberg Company are presented here. Wahlberg Company Income Statement For the Years Ended December 31 2020 2019 Net sales $1,810,600 $1,752,800

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The comparative statements of Wahlberg Company are presented here. Wahlberg Company Income Statement For the Years Ended December 31 2020 2019 Net sales $1,810,600 $1,752,800 Cost of goods sold 1,010,100 994,000 Gross profit 800,500 758,800 Selling and administrative expenses 520,200 475,800 Income from operations 280,300 283,000 Other expenses and losses Interest expense 17,400 13,400 Income before income taxes 262,900 269,600 Income tax expense 79.444 77,100 Net income $ 183,456 $ 192,500 Wahlberg Company Balance Sheets December 31 Assets 2020 2019 Current assets COMU Wahlberg Company Balance Sheets December 31 2020 2019 Assets Current assets Cash $59,800 $63,800 Debt investments (short-term) 68,900 50,000 Accounts receivable 117,600 101,300 Inventory 122,500 115,400 Total current assets 368,800 330,500 Plant assets (net) 598,300 521,100 Total assets $967,100 $851,600 Liabilities and Stockholders' Equity Current liabilities Accounts payable $159,000 $146,000 Income taxes payable 43,100 41,000 Total current liabilities 202,100 187,000 Bonds payable 220,000 200,000 Total liabilities 422,100 387,000 Stockholders' equity Common stock ($5 par) Retained earnings 275,000 298,300 2700 Total stockholders' equity Total liabilities and stockholders' equity 545,000 $967,100 464,600 $851,600 All sales were on account. Net cash provided by operating activities for 2020 was $209.000. Capital expenditures were $125,000, and cash dividends were $79,756. 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.) 3.33 36.34 23.97 4.78 :1 (a) Earnings per share (b) Return on common stockholders' equity (c) Return on assets (d) Current ratio le) Accounts receivable turnover () Average collection period (8) Inventory turnover (h) Days in inventory (0) Times interest earned 16.54 times 22.12 days times days times 6) Asset turnover times (k) Debt to assets ratio (1) Free cash flow

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