Condensed balance sheet and income statement data for Sievert Corporation are presented here and on the next page.

InstructionsCompute these values and ratios for 2011 and 2012.(a) Earnings per share.(b) Working capital.(c) Current ratio.(d) Debt to total assets ratio.(e) Free cash flow.(f) Based on the ratios calculated, discuss briefly the improvement or lack thereof in financial position and operating results from 2011 to 2012 of SievertCorporation.

SIEVERT CORPORATION Balance Sheets December 31 Assets 2012 2011 $ 28,000 $ 20,000 Cash Receivables (net) Other current assets 70,000 62,000 73,000 90,000 62,000 510,000 Long-term investments Plant and equipment (net) 60,000 470,000 Total assets $760,000 $685,000 Liabilities and Stockholders' Equity $ 75,000 $ 70,000 Current liabilities Long-term debt Common stock 80,000 90,000 300,000 225,000 330,000 Retained earnings Total liabilities and stockholders' equity 275,000 $685,000 $760,000 SIEVERT CORPORATION Income Statements For the Years Ended December 31 2012 2011 Sales $750,000 440,000 240,000 $680,000 400,000 Cost of goods sold Operating expenses (including income taxes) 220,000 $ 70,000 $ 60,000 Net income Additional information: Cash from operating activities Cash used for capital expenditures Dividends paid Average number of shares outstanding $82,000 $45,000 $20,000 33,000 $56,000 $38,000 $15,000 30,000