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The following are financial statements of Wildhorse Co.. Wildhorse Co. Income Statement For the Year Ended December 31, 2022 Net sales $2,239,000 Cost of goods

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The following are financial statements of Wildhorse Co.. Wildhorse Co. Income Statement For the Year Ended December 31, 2022 Net sales $2,239,000 Cost of goods sold 1.015.000 Selling and administrative expenses 910,000 75,000 Interest expense Income tax expense 73,000 $ 166,000 Net income Wildhorse Co. Balance Sheet December 31, 2022 Assets Current assets Cash $ 56,200 Debt investments 87,000 Accounts receivable (net) 168,300 Inventory 161,350 Total current assets 472,850 Plant assets (net) 572,000 $ 1,044,850 Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable $ 161,000 Income taxes payable 32,000 Total current liabilities 193,000 Bonds payable 224.940 Total liabilities 417,940 348,000 Stockholders' equity Common stock Retained earnings Total stockholders' equity 278,910 626,910 Additional information: The net cash provided by operating activities for 2022 was $190,900. The cash used for capital expenditures was $89.500. The cash used for dividends was $30,300. The weighted average common shares outstanding during the year was 50,000. (a) Compute the following values and ratios for 2022. (We provide the results from 2021 for comparative purposes.) (Round Current Ratio and Earnings per share to 2 decimal places, e.g. 15.25 and Debt to assets ratio to 1 decimal place, e.g. 78.9%. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) (i) Working capital. (2021: $160.500) (ii) Current ratio. (2021: 1.65:1) (iii) Free cash flow. (2021: $48,700) (iv) Debt to assets ratio. (2021: 319) (v) Earnings per share. (2021: $3.15) $ (0 (ii) Working capital Current ratio (iii) Free cash flow (iv) Debt to assets ratio (v) Earnings per share $

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