7. Dasar Co. reports the following data in its September 30, 2010, financial statements: Current assets

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7. Dasar Co. reports the following data in its September 30, 2010, financial statements: • Current assets 40 000

• Long-term assets 100 000

• Current liabilities 16 000

• Long-term liabilities 44 000

• Owners' equity 80 000 Net income 7 200 • Number of common shares 5 000 Compute the following ratios: current ratio, debt-toequity, return on owners' equity, and earnings per share.

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