CALCULATOR PUL SCREEN PRINTER VERSION BACK Lendell Company has these comparative balance sheet cata: Lendell Company Balance Sheets December 31 2020 2010 Cash $ 14,000 $30,000 Accounts receivable (net) 59.000 60,000 Inventory 50,000 50,000 Plant assets (net) 197,000 181,000 $340,000 $321,000 Accounts payable $50,000 $59,900 Mortgage payable (15%) 101,500 101,500 Common stock, $10 par 144,500 122,000 Retained earning 44,000 37,600 1340,000 $321,000 Additional information for 2020: 1 Net income was $25,000 Sales on account were 407,200. Sales returns and allowances amounted to 520,200. 3. Cost of goods sold was $192,500 4. Net cash provided by operating activities was $45,200. Capital expenditures were 524,000, and cash dividends were 59,700 Compute the following ratios at December 31, 2020 (Round current ratio to decimal places... 1.67. Round Accounts receivable turnover Average collection period, Inventory 3. Cost of goods sold was $192,500 4 Net cash provided by operating activities was $45,200 5. Capital expenditures were $24,600, and cash dividends were $9,700 Compute the following ratios at December 31, 2020, (Round current rate to 2 decimal placet .g. 1.67. Round Accounts receivable turnover, Average collection perfect inventory turnover and Days in Inventory to decimal place ... 1.6.) (a) Current ratio (b) Accounts receivable turnover times (c) Average collection period days (d) Inventory turnover times (e) Days in inventory days (1) Free cash flow