View Policies Current Attempt in Progress The comparative statements of Carla Vista Co. are presented here. CARLA VISTA CO. Income Statements For the Years Ended December 31 Net sales 2022 $2,215,400 2021 $2,065,000 Cost of goods sold 1,227,000 1,207,200 Gross profit 988,400 857,800 Selling and administrative expenses 600,000 574,800 Income from operations 388,400 283,000 Other expenses and losses Interest expense 26,400 24,000 Income before income taxes 362,000 259,000 Income tax expense 108,600 77,700 Net income $253,400 $181,300 CARLA VISTA CO. Balance Sheets December 31 Assets 2022 2021 Current assets Cash $ 72,120 $77,040 Debt investments (short-term) 88,800 60,000 Accounts receivable 141,360 123,360 Inventory 151,200 138,600 Total current assets 453,480 399,000 Plant assets (net) 778,800 624,360 Total assets $1,232,280 $1,023,360 Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity $ 192,000 $174,480 52,200 50,400 244,200 224,880 264,000 240,000 508,200 464,880 Common stock ($5 par) 348,000 360,000 Retained earnings 376,080 198,480 Total stockholders' equity 724,080 558,480 Total liabilities and stockholders' equity $1,232,280 $1,023,360 All sales were on account. Net cash provided by operating activities for 2022 was $264,000. Capital expenditures were $163,200, and cash dividends were $75,800. All sales were on account. Net cash provided by operating activities for 2022 was $264,000. Capital expenditures were $163,200, and cash dividends were $75,800. Compute the following ratios for 2022. (Round all answers to 2 decimal places, e.g. 1.83 or 1.83%.) (a) Earnings per share $ (b) Return on common stockholders' equity (c) Return on assets (d) Current ratio % do % :1 (e) Accounts receivable turnover (f) Average collection period (g) Inventory turnover (h) Days in inventory (i) Times interest earned times days times days times (j) Asset turnover times (k) Debt to assets ratio % di (1) Free cash flow $