The comparative statements of Wahlberg Company are presented here. Wahlberg Company Income Statement For the Years Ended December 31 2020 2019 Net sales Cost of goods sold Gross profit Selling and administrative expenses Income from operations Other expenses and losses $1,816,600 1,010,700 805,900 518,600 287,300 $1,750,100 982,000 768,100 475,600 292,500 Interest expense Income before income taxes 19,000 268,300 81,196 $ 187,104 13,900 278,600 76,900 $ 201,700 Income tax expense Net income Wahlberg Company Balance Sheets December 31 Assets 2020 2019 Current assets Cash Debt investments (short-term) Accounts receivable $60,100 68,100 116,200 $63,500 49,900 101,100 Inventory Total current assets 123,200 367,600 597,700 $965,300 114,200 328,700 520,800 $849,500 Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities $160,300 43,800 204,100 220,000 424,100 $145,100 42,900 188,000 200,000 388,000 Bonds payable Total liabilities Stockholders' equity Common stock ($5 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 281,300 259,900 541,200 $965,300 303,400 158,100 461,500 $849,500 All sales were on account. Net cash provided by operating activities for 2020 was $244,000. Capital expenditures were $140,000, and cash dividends were $85,304. 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.) 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 (e) Accounts receivable turnover times Average collection period days (g) Inventory turnover times (h) Days in inventory days (i) Times interest earned times (j) Asset turnover times (k) Debt to assets ratio % (1) Free cash flow Click if you would like to Show Work for this question: Open Show Work