Comparative financial statement data for Pronghorn Corp and Riverbed Corp, two competitors, appear below. All balance sheet data are as of December 31, 2022. Pronghorn Corp Riverbed Corp 2022 2022 Net sales Cost of goods sold $2,160,000 $744,000 1,410,000 408,000 Operating expenses 339,600 117,600 Interest expense 10,800 4,200 Income tax expense 102,000 43,200 Current assets 437,800 190,350 Plant assets (net) 608,200 167,650 Current liabilities 79,600 40,500 Long-term liabilities 129,600 49,000 Net cash common by operating activities 165,600 43,200 Capital expenditures 108,000 24,000 Dividends paid on common stock 43,200 18,000 Weighted-average common shares outstanding 80,000 50,000 (a) Compute the net income and earnings per share for each company for 2022. (Round Earnings per share to 2 decimal places, e.g. $2.78.) Net Income Pronghorn Corp $ Earnings per share 297,600 $ 3.72 Riverbed Corp $ 170,640 $ 3.41 (b) Compute working capital and the current ratio for each company for 2022. (Round current ratio to 1 decimal place, e.g. 0.7: 1.) Working Capital Current Ratio Pronghorn Corp $ 369,310 Riverbed Corp $ 151,477 (c) 5.6 :1 4.7 :1 Compute the debt to assets ratio and the free cash flow for each company for 2022. (Round debt to assets 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).) (b) Compute working capital and the current ratio for each company for 2022. (Round current ratio to 1 decimal place, e.g. 0.7: 1.) Working Capital Current Ratio Pronghorn Corp $ 369,310 Riverbed Corp $ 151,477 (c) 5.6 :1 4.7 :1 Compute the debt to assets ratio and the free cash flow for each company for 2022. (Round debt to assets 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).) Debt to Assets Free Cash Flow Pronghorn Corp 19.3 % $ 14,400 Riverbed Corp 24.8 % $ 1,200 eTextbook and Media Save for Later Attempts: unlimited Submit