View Policies Current Attempt in Progress The comparative statements of Oriole Company are presented here: ORIOLE COMPANY Income Statements For the Years Ended December 31 2019 2018 Net sales $1,898,140 $1,758,100 Cost of goods sold 1,066,140 1,013,600 Gross profit 832,000 744,500 Selling and administrative expenses 507,600 486,600 Income from operations 324,400 257,900 Other expenses and losses Interest expense 23,900 21,900 Income before income taxes 236,000 Income tax expense 300,500 93,900 $206,600 74,900 Net income $161,100 ORIOLE COMPANY ORIOLE COMPANY Balance Sheets December 31 Assets 2019 2018 Current assets Cash Debt investments (short-term) Accounts receivable Inventory $60,100 $64,200 74,000 50,000 125,400 110,400 127,900 117,400 387,400 342,000 660,000 531,300 $1,047,400 $873,300 Total current assets Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities $167,600 $153,000 45,400 43,900 213,000 196,900 231,000 211,000 444,000 407,900 Bonds payable Total liabilities Stockholders' equity Common stock ($5 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 290,000 300,000 313,400 165,400 603,400 465,400 $1,047,400 $873,300 All sales were on account. Net cash provided by operating activities for 2019 was $235.000. Capital expenditures were $137.000, and cash dividends were $58,600. Compute the following ratios for 2019. (Round free cash flow to decimal places, eg,5,275 and all other answers to 2 decimal places, s. 1.83 or 1.83%. Use 365 days for calculation) (a) Earnings per share (6) Return on common stockholders'equity c) Return on assets (d) Current ratio le) Accounts receivable turnover Average collection period Inventory turnover e Oh Days in inventory 0 0 k) Times interest earned Asset turnover Debt to assets ratio Free cash flow