Using the above data, calculate the following: $(1)$ return on sales ratio, $(2)$ current ratio, $(3)$ debt$-$to$-$total$-$assets ratio, and $(4)$ free cash flow for Garret Corporation.AKLAND WHOLESALERS

Balance Sheet

December $31$

Assets Liabilities & Stockholders' Equity

Current Assets: Current Liabilities:

Answer $1$

Cash

Answer $2$

$28000$

Answer $3$

Accounts Payable

Answer $4$

$50000$

Answer $5$

Accounts Receivable

Answer $6$

$40000$

Salaries payable Answer $7$

$7000$

Inventory Answer $8$

$117000$

Total Current Liabilities Answer $9$

$57000$

Answer $10$

Office Supplies

Answer $11$

$1000$

Total Current Assets Answer $12$

$186000$

Long$-$Term Liabilities:

Answer $13$

Mortgage Payable $($long term$)$

Answer $14$

$79000$

Noncurrent Assets: Total Long$-$term Liabilities: Answer $15$

$79000$

Answer $16$

Land

Answer $17$

$39000$

Building Answer $18$

$67000$

Total Liabilities Answer $19$

$136000$

Total Long$-$Term Assets Answer $20$

$106000$

Stockholders' Equity:

Answer $21$

Common Stock

Answer $22$

$120000$

Answer $23$

Retained Earnings

Answer $24$

$16000$

Total Stockholders' Equity Answer $25$

$120000$

Total Assets Answer $26$

$292000$

Total Liabilities and Stockholders' Equity Answer $27$

$16000$