Condensed balance sheet and income statement data for Sievert Corporation

Condensed balance sheet and income statement data for Sievert Corporation are presented here and on the next page.

SIEVERT CORPORATION Balance SheetsDecember 31 
Assets                                     (2012 year)                                  2011
Cash                                                    $ 28,000                                  $ 20,000
Receivables (net)                                   70,000                                     62,000
Other current assets                  90,000                                     73,000
Long-term investments                          62,000                                     60,000
Plant and equipment (net)                  510,000                                   470,000
Total assets                                         $760,000                                 $685,000

Liabilities and Stockholders’ Equity
Current liabilities                                     $75,000                                    $70,000
Long-term debt                                        80,000                                      90,000
Common stock                                      330,000                                    300,000
Retained earnings                                  275,000                                    225,000
Total liabilities and

 stockholders’ equity   $760,000                                  $685,000

                                    SIEVERT CORPORATION

                                        Income Statements

                                    For the Years Ended December 31 
                                                                2012                            2011
Sales                                                   $750,000                     $680,000
Cost of goods sold                              440,000                         400,000
Operating expenses

(including income taxes)                     240,000                         220,000
Net income                                         $70,000                        $ 60,000

Additional information:
Cash from operating activities            $82,000                        $56,000
Cash used for capital expenditures $45,000               $38,000
Dividends paid                                       $20,000                       $15,000
Average number of shares outstanding 33,000                          30,000

Calculate -

A. Earnings per share

B. Working capital.

<fontcolor="#000000" face="Times New Roman" size="3">C. Current ratio.

D. Debt to total assets ratio

E. Free cash flow.

F. Based on the ratios calculated, discuss briefly the improvement or lack thereof in financial position and operating results from 2011 to 2012 of Sievert Corporation.