1. net income was $34,000. 2. sales on account were $383,300. sales returns and allowances amounted to $26,600. 3. cost of goods sold was $200,600. 4. net cash provided by operating activities was $59,000. 5. capital expenditures were $26,400, and cash dividends were $16,500. compute the following ratios at december 31, 2017. (round current ratio and inventory turnover to 2 decimal places, e. g. 1.83 and all other answers to 1 decimal place, e. g. 1.8. use 365 days for calculation.) (a) current ratio. : 1 (b) accounts receivable turnover. times (c) average collection period. days (d) inventory turnover. times (e) days in inventory. days (f) free cash flow. $ click if you would like to show work for this question: open show work