The comparative statements of Wahlberg Company are presented here. Wahlberg Company Income Statement For the Years Ended December 31 2020 2019 Net sales $1,811,500 $1,752,200 Cost of goods sold 1,008,900 982,000 Gross profit 802.600 770,200 518,600 472,800 284.000 297,400 Selling and administrative expenses Income from operations Other expenses and losses Interest expense Income before income taxes Income tax expense Net income 17,800 13.800 266,200 283,600 80,152 $ 186,048 76,400 $207,200 Netin Wahlberg Company Balance Sheets December 31 Assets 2020 2019 Current assets Cash $59.700 $64,400 Deht imot Wahlberg Company Balance Sheets December 31 Assets 2020 2019 Current assets Cash $59,700 $64,400 Debt investments (short-term) 70,500 50.000 Accounts receivable Inventory Total current assets 117,200 123,900 371,300 600,800 $972,100 102,200 115,000 331.600 521,900 $853,500 Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable $159,300 43,500 202.800 220,000 422,800 $144,200 41.000 185,200 200,000 385,200 Total liabilities Stockholders' equity Common stock ($5 par) Retained earnings 282,800 266,500 549,300 298,600 169,700 468,300 Total stockholders' equity 298.800 Retained earnings 266,500 169.700 Total stockholders' equity Total liabilities and stockholders' equity 468.300 549.300 $972,100 $853,500 All sales were on account. Net cash provided by operating activities for 2020 was $242,000. Capital expenditures were $128,000, and cash dividends were $89.248 Compute the following ratios for 2020. (Round Earnings per shore, Current ratio and Asset turnover to 2 decimal places, 165 or 165:1, and all other answers to 1 decimal pla (a) Earnings per share (b) Return on common stockholders' equity (c) Return on assets (d) Current ratio (e) Accounts receivable turnover in Average collection period (g) Inventory turnover (h) (i) Days in inventory Times interest earned times times (1) Asset turnover 4349 (k) Debt to assets ratio (1) Free cash flow e Textbook and Media