Wildhorse Company Balance Sheets December 31 Assets 2022 2021 Current assets Cash $59,200 $64,400 Dabt investments (short-term 69,000 49,300 Accounts receivable net! 117,200 102,900 Inventory 122,500 115,300 Total current assets 331,900 367,900 600,000 Plant assets (net) 517,100 Total assets $969,700 S949,000 Liabilities and Stockholders' Equity Current liabilities Accounts payable $160,500 $144700 Income taxes payable 42,200 42,600 Total current liabilities 202,700 187,300 Bonds payable 220,000 200,000 Total liabilities 422,700 387,300 Stockholders' equity Common stock ($5 par 279,000 297,400 Retained earnings 268,000 164300 Total stockholders' equity 546,000 461,700 Total abilities and stockholders' equity $969,700 $949,000 All sales were on credit. Net cash provided by operating activities for 2022 was $229,000. Capital expenditures were $144,000, and cash dividends paid were $90,428 All sales were on credit. Net cash provided by operating activities for 2022 was $228.000. Capital expenditures were $144.000, and cash dividends paid were $80.428. Compute the following ratios for 2022. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, eg. 1.65 or 1.65:1, and all other answers to 1 decimal place, eg. 6.8 or 6.8%. Use 365 days for calculation. (a) Earnings per share $ (b) Return on common stockholders' equity 96 (c) Return on assets 96 (d) Current ratio .1 le) Accounts receivable turnover times (f) Average collection period days (8) Inventory turnover times (h) Days in inventory days (1) Times interest earned times 0) Asset turnover times (k) Debt to assets ratio 96 (1) Free cash flow $ The comparative statements of Wildhorse Company are presented here. 2021 $1,750,100 976,000 774,100 Wildhorse Company Income Statement For the Years Ended December 31 2022 Net sales $1,814.500 Cost of goods sold 1,012,800 Gross profit 801,700 Selling and administrative expenses 517.800 Income from operations 283.900 Other expenses and losses Interest expense 18,400 Income before income taxes 265,500 Income tax expense 81,372 478,400 295,700 13,400 282,300 76,500 Net income $184.128 $ 205,800