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The following are financial statements of Blue Spruce Corp..

Blue Spruce Corp.

Income Statement

For the Year Ended December 31, 2017Net sales$2,236,800Cost of goods sold1,028,600Selling and administrative expenses918,600Interest expense88,300Income tax expense70,210Net income$131,090

Blue Spruce Corp.

Balance Sheet

December 31, 2017AssetsCurrent assetsCash$78,400Debt investments85,210Accounts receivable (net)189,600Inventory162,400Total current assets515,610Plant assets (net)591,500Total assets$1,107,110Liabilities and Stockholders' EquityCurrent liabilitiesAccounts payable$178,300Income taxes payable36,710Total current liabilities215,010Bonds payable219,800Total liabilities434,810Stockholders' equityCommon stock366,200Retained earnings306,100Total stockholders' equity672,300Total liabilities and stockholders' equity$1,107,110

Additional information: The net cash provided by operating activities for 2017 was $209,100. The cash used for capital expenditures was $108,200. The cash used for dividends was $32,210. The weighted-average number of shares outstanding during the year was 50,000.

(a)Compute the following values and ratios for 2017. (We provide the results from 2016 for comparative purposes.)(Round Current Ratio and Earnings per share to 2 decimal places, e.g. 15.25 and Debt to assets ratio to 1 decimal place, e.g. 78.9%. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

(i)Working capital. (2016: $160,500)(ii)Current ratio. (2016: 1.65:1)(iii)Free cash flow. (2016: $48,700)(iv)Debt to assets ratio. (2016:31%)(v)Earnings per share. (2016: $3.15)