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The comparative statements of Simpson Company are presented here: All sales were on credit. Net cash provided by operating activities for 2022 was $108,000. Capital

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The comparative statements of Simpson Company are presented here: All sales were on credit. Net cash provided by operating activities for 2022 was $108,000. Capital expenditures were $47,000, and cash dividends were $30,900. Instructions Compute the following ratios for 2022. (a) Earnings per share. (h) Days in inventory. (b) Return on common stockholders' equity. (i) Times interest earned. (c) Return on assets. (j) Asset turnover. (d) Current ratio. (k) Debt to assets ratio. (e) Accounts receivable turnover. (I) Current cash debt coverage. (f) Average collection period. (m) Cash debt coverage. (g) Inventory turnover. (n) Free cash flow. \begin{tabular}{|l|l|} \hline & Answers \\ \hline a) Earnings Per Share & \\ \hline b) Return on Common Stockholders' Equity & \\ \hline c) Return on Assets & \\ \hline d) Current Ratio & \\ \hline e) Accounts Receivable \\ Turnover & \\ \hline f) Average Collection Period & \\ \hline g) Inventory Turnover & \\ \hline h) Days in Inventory & \\ \hline i) Times Interest Earned & \\ \hline j) Asset Turnover & \\ \hline k) Debt to Assets & \\ \hline I) Current Cash Debt Coverage & \\ \hline m) Cash Debt Coverage & \\ \hline n) Free Cash Flow & \\ \hline \end{tabular}

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