Current Attempt in Progress Blossom Company has these comparative balance sheet data: BLOSSOM COMPANY Balance Sheets December 31 2022 2021 Cash Accounts receivable (net) Inventory Plant assets (net) $ 21,630 $43.260 100,940 86,520 86,520 72,100 288.400 259,560 $497.490 $461,440 $ 72,100 $86.520 144,200 144,200 201,880 173,040 Accounts payable Mortgage payable (15%) Common stock, $10 par Retained earnings 79,310 57680 57.00 $461.440 $497,490 Additional information for 2022: 1. Net income was $32,400. 2. Sales on account were $376,500. Sales returns and allowances amounted to $26.700. 3. Cost of goods sold was $202,100. 4. Net cash provided by operating activities was $59.100. 5. Capital expenditures were $29.400, and cash dividends were $17.300. Additional information for 2022: 1. Net income was $32,400. 2. Sales on account were $376,500. Sales returns and allowances amounted to $26,700. 3. Cost of goods sold was $202,100. 4. Net cash provided by operating activities was $59.100. 5. Capital expenditures were $29.400, and cash dividends were $17,300. Compute the following ratios at December 31, 2022. (Round current ratio and inventory turnover to 2 decimal places, es 183 and all other answers to 1 decimal place, eg. 1.8. Use 365 days for calculation.) (a) Current ratio (b) Accounts receivable turnover. times (c) Average collection period. days (d) Inventory turnover le) Days in inventory (9) Free cash flow. e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Send to Gradebook