Thumbs up to correct answers!!!! formulas would be appreciated!

Current Attempt in Progress Comparative financial statements for Ivanhoe and Bridgeport Ltd. are shown below. IVANHOE AND BRIDGEPORT LTD. Income Statement Year Ended December 31 2021 2020 Net sales $900,000 $840,000 Cost of goods sold 625,000 575,000 Gross profit 275,000 265.000 Operating expenses 164.000 160.000 Profit from operations 111,000 105,000 Other revenues and expenses Interest expense 40,000 20.000 Profit before income tax 71.000 85,000 Income tax expense 7.000 20,000 Profit $64,000 $65.000 VINNITUSTNIND DIDULT VILDO Balance Sheet December 31 Assets 2021 2020 2019 Cash $95,000 $90,000 $10,000 Accounts receivable 110,000 112,000 108,000 Inventories 132,000 130,000 97.000 Prepaid expenses 25,000 22.000 114,000 Land, buildings, and equipment 390,000 305,000 300,000 Total assets $752.000 $659,000 $629,000 Liabilities and Shareholders' Equity Liabilities Notes payable $110,000 $100,000 $100,000 Accounts payable 46,000 43,000 50.000 32,000 45.000 35.000 Accrued liabilities Bonds payable, due 2024 Total liabilities 190.000 150,000 177,000 378,000 338,000 362.000 200,000 200,000 200.000 Shareholders' equity Common shares (20,000 issued) Retained earnings Total shareholders' equity 174,000 121,000 67.000 374,000 321.000 267.000 Total liabilities and shareholders' equity $752.000 $659,000 $629.000 1. Seventy-five percent of the sales were on account. The allowance for doubtful accounts was $4,000 in 2021. $5,000 in 2020, and $3,000 in 2019. 2. . In 2021 and 2020. dividends of $2,000 and $9,000, respectively, were paid to the common shareholders. 4. Cash provided by operating activities was $103,500 in 2021 and $124.000 in 2020. Cash used by investing activities was $114,500 in 2021 and $35,000 in 2020. 5. Calculate all possible liquidity, solvency, and profitability ratios for 2021 and 2020. (Round answers for Collection period, Day sales in inventory, Operating cycle and Free cash flow to O decimal places, e.g. 125. Round answer for Earnings per share to 2 decim places, eg. 12.50. Round all other answers to 1 decimal place, eg. 12.5 or 12.5%. Enter negative amount using either a negative sig preceding the number e.g. -45 or parentheses eg. (45).) 2021 2020 Liquidity Ratios 1. Current ratio :1 : 1 2. Acid-test ratio :1 : 1 3. Receivables turnover times times 4. Collection period days days 5. Inventory turnover times times 6. Days sales in inventory days days 7. Operating cycle days days Solvency Ratios 8. Debt to total assets 96 96 9. Interest coverage 2.8 times 5.2 times 10. Free cash flow A (11,000) 89.000 Solvency Ratios 8. Debt to total assets se %6 9. Interest coverage 2.8 times 5.2 times 10. Free cash flow $ (11.000) $ 89.000 Profitability Ratios 11. Gross profit margin 30.6 %6 31.5 96 12. Profit margin 7.1 % 7.7 %6 13. Asset turnover times times 14. Return on assets de 15. Return on equity 96 96 16. Earnings per share 17. 96 Payout ratio 96