The year-end statements of Tooner Corporation follow:

Assume all sales were on credit. On the December 31, 1990, balance sheet, the assets totaled \(\$ 360,600\), common stock was \(\$ 160,000\), and retained earnings was \(\$ 89,700\).
\section*{Required}
Calculate the following:

(a) current ratio,

(b) acid-test ratio,

(c) days' sales uncollected,

(d) merchandise turnover,

(e) ratio of pledged plant assets to secured liabilities, \((f)\) times fixed interest charges earned, ( \(g\) ) profit margin, ( \(h\) ) total asset turnover, ( \(i\) ) return on total assets employed, and ( \(j\) ) return on common stockholders' equity.

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Sales TOONER CORPORATION Income Statement For the Year Ended December 31, 1991 Cost of goods sold: Merchandise inventory, December 31, 1990 Purchases Goods available for sale Merchandise inventory, December 31, 1991 Cost of goods sold. Gross profit from sales Operating expenses. Operating income Interest expense. Income before taxes. Income taxes. Net income .. $ 62,800 501,700 $564,500 49,200 $805,000 515.300 $289,700 227,800 $ 61,900 9,500 $ 52,400 15,720 $ 36.680