Additional information: The cash provided by operating activities for 2012 was $

Additional information: The cash provided by operating activities for 2012 was $190800. The cash used for capital expenditures was $92000. The cash used for dividends was $31000. The average number of shares outstanding during the year was 50000.Instructions(a) Compute the following values and ratios for 2012. (We provide the results from 2011 for comparative purposes.)(i) Working capital. (2011: $160500)(ii) Current ratio. (2011: 1.65:1)(iii) Free cash flow. (2011: $48700)(iv) Debt to total assets ratio. (2011: 31%)(v) Earnings per share. (2011: $3.15)(b) Using your calculations from part (a) discuss changes from 2011 in liquidity solvency andprofitability.