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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 $1,815,400 1,012,500 802,900 514,200

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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 $1,815,400 1,012,500 802,900 514,200 288,700 $1,748,300 991,000 757,300 474,200 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 283,100 18,100 270,600 79,332 $ 191,268 13,000 270,100 76,400 $ 193,700 Income tax expense Net income Wahlberg Company Balance Sheets December 31 Assets 2020 2019 $59,400 70,100 117,800 124,000 371,300 596,900 $968,200 $63,700 50,700 102,300 114,800 331,500 523,100 $854,600 Current assets Cash Debt investments (short-term) Accounts receivable Inventory Total current assets Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock ($5 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $159,000 42,000 201,000 220,000 421,000 $145,000 42,500 187,500 200,000 387,500 300,100 167,000 279,500 267,700 547,200 $968,200 467,100 $854,600 All sales were on account. Net cash provided by operating activities for 2020 was $241,000. Capital expenditures were $137,000, and cash dividends were $90,568. 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 ta $ (b) Return on common stockholders' equity % (c) Return on assets % (d ) Current ratio :1 (e) 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 % Screenshot (1) Free cash flow $

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