Current Attempt in Progress

Ivanhoe Company has these comparative balance sheet data:

Additional information for $2027$:

Net income was $$24,700.$

Sales on account were $$414,050.$ Sales returns and allowances amounted to $$20,600.$

Cost of goods sold was $$198,000.$

Net cash provided by operating activities was $$44,300.$

Capital expenditures were $$26,400,$ and cash dividends paid were $$8,800.$

The bonds payable are due in $2035.$

Compute the following ratios at December $31,2027.($Round current ratio to $2$ decimal places, e$.$g$.1\mathrm{.}67.$ Round Accounts receivable

turnover, Average collection period, Inventory turnover and Days in inventory to $1$ decimal place, e$.$g$.1\mathrm{.}6.)$

$($a$)$ Current ratio

$($b$)$ Accounts receivable turnover

times

$($c$)$ Average collection period

days

$($d$)$ Inventory turnover

times

$($e$)$ Days in inventory

days

$($f$)$ Free cash flow