The comparative statements of Cullumber Company are presented here. \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{\begin{tabular}{c} CULLUMBER COMPANY \\...
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The comparative statements of Cullumber Company are presented here. \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{\begin{tabular}{c} CULLUMBER COMPANY \\ Balance Sheets \\ December 31 \end{tabular}} \\ \hline Assets & 2022 & 2021 \\ \hline \multicolumn{3}{|l|}{ Current assets } \\ \hline Cash & $50,484 & $53,928 \\ \hline Debt investments (short-term) & 62,160 & 42,000 \\ \hline Accounts receivable & 98,952 & 86,352 \\ \hline Inventory & 105,840 & 97,020 \\ \hline Total current assets & 317,436 & 279,300 \\ \hline Plant assets (net) & 545,160 & 437.052 \\ \hline Total assets & $862,596 & $716,352 \\ \hline \multicolumn{3}{|l|}{ Liabilities and Stockholders' Equity } \\ \hline Current liabilities & & \\ \hline Accounts payable & $134,400 & $122,136 \\ \hline Income taxes payable & 36,540 & 35,280 \\ \hline Total current liabilities & 170,940 & 157,416 \\ \hline Bonds payable & 184,800 & 168,000 \\ \hline \end{tabular} All sales were on account. Net cash provided by operating activities for 2022 was $184,800. cash dividends were $58,324 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 :1 (e) Accounts receivable turnover times (f) Average collection period days (g) Inventory turnover times (h) Days in inventory days (i) Times interest earned times (j) Asset turnover (k) Debt to assets ratio (i) Freecash flow




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