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The financial information below was taken from the annual financial statements of Cullumber Videos: 2014 2013 Current assets $152,600 $ 142,600 Current liabilities 54,400 72,800 Total liabilities 241,600 237,200 Total assets 672,000 674,000 Net sales 722,400 728,000 Net credit sales 708,000 698,000 398,400 372,000 Cost of goods sold Inventory Receivables (net) 68,000 62,800 40,000 35,600 Dividends 12,000 14,000 Capital expenditures 20,000 26,400 Net income 67,200 51,200 Net cash provided by operating activities 44,000 49,600 Calculate the following ratios for Cullumber Videos for 2014. (Round Free cash flow to decimal place, eg. 12. Other all answers to 2 decimal places, eg. 1221) 1. Average collection period days 2. Current ratio :1 3. Debt to assets ratio X 4. Return on assets % 5. Profit margin % 6. Asset turnover times 7. Inventory turnover times 8 Free cash flow