The comparative statements of Wahlberg Company are presented here. Wahlberg Company Income Statement For the Years Ended December 31 2020 2019 $1,812,700 1,007,700 805,000 516,800 288,200 $1,746,500 981,000 765,500 477,000 288,500 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 18,400 269,800 82,408 $ 187,392 13,600 274,900 77,000 $ 197,900 2019 $65,000 49,900 102,600 115,500 333,000 521,600 $854,600 Wahlberg Company Balance Sheets December 31 Assets 2020 Current assets Cash $59,100 Debt investments (short-term) 69,400 Accounts receivable 117,100 Inventory 123,000 Total current assets 368,600 Plant assets (net) 602,000 Total assets $970,600 Liabilities and Stockholders' Equity Current liabilities Accounts payable $159,600 Income taxes payable 43,100 Total current liabilities 202,700 Bonds payable 220,000 Total liabilities 422,700 Stockholders' equity Common stock ($5 par) 283,100 Retained earnings 264,800 Total stockholders' equity 547,900 Total liabilities and stockholders' equity $970,600 $144,900 42,400 187,300 200,000 387,300 302,500 164,800 467,300 $854,600 All sales were on account. Net cash provided by operating activities for 2020 was $237,000. Capital expenditures were $143,000, and cash dividends were $87,392. 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 3.63 (b) Return on common stockholders' equity 36.2 % 2 (c) Return on assets 20.6% (d) Current ratio 1.821 (e) Accounts receivable turnover 16.5 times (f) Average collection period days LOLCULUC000 (9) Inventory turnover 8.5 times (h) Days in inventory days (i) Times interest earned 15.7 times (i) Asset turnover 2.0 times (k) Debt to assets ratio 0.2 % (1) Free cash flow