The comparative statements of Wildhorse Co. are presented here. WILDHORSE CO. Income Statements For the Years Ended December 31 2022 2021 Net sales $1,882,400 $1,750,000 Cost of goods sold 1,047,000 1,026,120 Gross profit 835,400 723,880 Selling and administrative expenses 510,000 488,580 Income from operations 325,400 235,300 Other expenses and losses Interest expense 22,440 20,400 Income before income taxes 302,960 214,900 Income tax expense 90,888 64,470 Net income $ 212,072 $ 150,430 WILDHORSE CO. Balance Sheets December 31 Assets 2021 2022 Current assets Cash $ 61,302 $65,484 Debt investments (short-term) Accounts receivable 75,480 120,156 128,520 51,000 104,856 117,810 Inventory Total current assets 385,458 339,150 Plant assets (net) 661,980 530,706 Total assets $1,047,438 $869,856 Liabilities and Stockholders' Equity Current liabilities Accounts payable $ 163,200 $148,308 Income taxes payable 44,370 42,840 Total current liabilities 207,570 191,148 224,400 204,000 Bonds payable Total liabilities 431,970 395,148 Stockholders' equity Bonds payable 224,400 204,000 Total liabilities 431,970 395,148 Stockholders' equity Common stock ($5 par) 295,800 306,000 319,668 168,708 Retained earnings Total stockholders' equity 615,468 474,708 Total liabilities and stockholders' equity $1,047,438 $869,856 All sales were on account. Net cash provided by operating activities for 2022 was $224,400. Capital expenditures were $138,720, and cash dividends were $61,112. Compute the following ratios for 2022. (Round all answers to 2 decimal places, eg. 1.83 or 1.83%.) (a) Earnings per share (b) Return on common stockholders' equity (c) Return on assets (d) Current ratio (e) Accounts receivable turnover times (1) Average collection period days (g) Inventory turnover times (h) Days in inventory days Compute the following ratios for 2022. (Round all answers to 2 decimal places, e.g. 1.83 or 1.83%.) (a) Earnings per share (b) Return on common stockholders' equity (c) Return on assets (d) Current ratio times (e) Accounts receivable turnover days (f) Average collection period (g) Inventory turnover times (h) Days in inventory days (1) Times interest earned times () Asset turnover times (k) Debt to assets ratio (1) Free cash flow