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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 $1,811,500 1,008,900 802,600 518,600

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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 $1,811,500 1,008,900 802,600 518,600 284,000 $1,752,200 982,000 770,200 472,800 297,400 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 17,800 266,200 80,152 $ 186,048 13,800 283,600 76,400 $ 207,200 2020 2019 Wahlberg Company Balance Sheets December 31 Assets Current assets Cash $59,700 Debt investments (short-term) 70,500 Accounts receivable 117,200 Inventory 123,900 Total current assets 371,300 Plant assets (net) 600,800 Total assets $972, 100 Liabilities and Stockholders' Equity Current liabilities Accounts payable $159,300 Income taxes payable 43,500 Total current liabilities 202,800 Bonds payable 220,000 Total liabilities 422,800 Stockholders' equity Common stock ($5 par) 282,800 $64,400 50,000 102,200 115,000 331,600 521,900 $853,500 $144,200 41,000 185,200 200,000 385,200 298,600 422,800 385,200 Total liabilities Stockholders' equity Common stock ($5 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 282,800 266,500 549,300 $972,100 298,600 169,700 468,300 $853,500 All sales were on account. Net cash provided by operating activities for 2020 was $242,000. Capital expenditures were $128,000, and cash dividends were $89,248. 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 (e) Accounts receivable turnover times (f) Average collection period days (g) Inventory turnover times (h) Days in inventory days (i) Times interest earned times 6) 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

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