Your answer is partially correct. Try again. The comparative statements of Wahlberg Company are presented here. Wahlberg Company Income Statement For the Years Ended December 31 2020 2019 $1,811,500 1,013,400 798,100 515,200 282,900 $1,751,600 985,000 766,600 477,800 288,800 Net sales Cost of goods sold Gross profit Selling and administrative expenses Income from operations Other expenses and losses Interest expense Income before income taxes Income tax expense Net income 18,600 264,300 83,043 $ 181,257 14,300 274,500 77,600 $ 196,900 Wahlberg Company Balance Sheets December 31 2020 2019 Assets Current assets Cash Debt investments (short-term) Accounts receivable Inventory $60,600 68,800 116,500 122,500 $ 64,900 49,100 101,900 115,000 LIVELLI DURCES work 368,400 603,900 $972,300 330,900 521,600 $852,500 Video) 2, 51 mission (Video) A2 s by Study Total current assets Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock ($5 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $161,000 42,000 203,000 220,000 423,000 $144,900 42,100 187,000 200,000 387,000 301.000 164,500 283,700 265,600 549,300 $972,300 465.500 $852,500 All sales were on account. Net cash provided by operating activities for 2020 was $213,000. Capital expenditures were $129,000, and cash dividends were $80,157 1.65 or Current and Asser turnover to 2 decimal place, CES Compute the following ratios for 2020. (Round Earnings per share, Current ratio and Asse 1.65:1, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%. Use 365 days for a (a) Earnings per share Fion) leo (b) Return on common stockholders' equity 35.7 % (c) Return on assets 19.9% Study (d) Current ratio 1.81:1 (e) Accounts receivable turnover times () Average collection period days @ (g) times Inventory turnover (h) Days in inventory days (i) Times interest earned times times 6) Asset turnover (k) Debt to assets ratio (1) Free cash flow VIDEO, SIMILAR