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# I have been trying to figure this out for several days, but can't

find the way to figure this out , since I am new to accounting.

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Exercise 13-9 Kinder Company has these comparative balance sheet data: KINDER COMPANY Balance Sheets December 31 2014 2013 Cash \$ 34,110 \$ 68,220 Accounts receivable (net) 159,180 136,440 Inventory 136,440 113,700 Plant assets (net) 454,800 409,320 \$784,530 \$727,680 Accounts payable \$ 113,700 \$ 136,440 Mortgage payable (15%) 227,400 227,400 Common stock, \$10 par 318,360 272,880 Retained earnings 125,070 90,960 \$784,530 \$727,680 Additional information for 2014: 1. Net income was \$26,300. 2. Sales on account were \$388,000. Sales returns and allowances amounted to \$28,500. 3. Cost of goods sold was \$208,000. 4. Net cash provided by operating activities was \$59,000. 5. Capital expenditures were \$28,000, and cash dividends were \$18,700. Compute the following ratios at December 31, 2014. (Round all answers to 2 decimal places, e.g. 1.83.) (a) Current ratio. :1 (b) Accounts receivable turnover. times (c) Average collection period. days (d) Inventory turnover. times (e) Days in inventory. days (f) Cash debt coverage ratio. times (g) Current cash debt coverage ratio. times (h) Free cash ±ow. \$
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"Thank you very much and this had helped me alot since I am not familiar with accounting, Thank you!!"