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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 $1,810,300 1,006,500 803,800 511,400

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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 $1,810,300 1,006,500 803,800 511,400 292,400 $1,751,900 981,000 770,900 475,200 295,700 Net sales Cost of goods sold Gross profit Selling and administrative expenses Income from operations Other expenses and losses Interest expense Income before income taxes Income tax expense Net income 18,800 273,600 81,342 $ 192,258 13,600 282,100 76,500 $ 205,600 2019 $63,000 49,200 102,400 114,500 329,100 519,400 Wahlberg Company Balance Sheets December 31 Assets 2020 Current assets Cash $59,000 Debt investments (short-term) 69,300 Accounts receivable 116,500 Inventory 122,200 Total current assets 367,000 Plant assets (net) 598,200 Total assets $965,200 Liabilities and Stockholders' Equity Current liabilities Accounts payable $160,800 Income taxes payable 42,800 Total current liabilities 203,600 Bonds payable 220,000 Total liabilities 423,600 Stockholders' equity Common stock ($5 par) 282,800 $848,500 $145,500 41,700 187,200 200,000 387,200 299,800 Common stock ($5 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 282,800 258,800 541,600 $965,200 299,800 161,500 461,300 $848,500 All sales were on account. Net cash provided by operating activities for 2020 was $241,000. Capital expenditures were $127.000, and cash dividends were $94,958. Compute the following ratios for 2020. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places e.9. 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 (e) Accounts receivable turnover times () Average collection period days (a) Inventory turnover times (h) Days in inventory days (1) Times interest earned times 6) Asset tumover times (k) Debt to assets ratio (1) Free cash flow

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