The comparative statements of Monster Magnet Company are presented here.

On July 1, 2002, 1,000 shaies weie repuichased and canceled. All sales were on account. Net cash provided b) operating activities was $36,000.

Instructions
Compute the following ratios for 2002.

(a) Earnings per share.

(b) Return on common stockholders' equity

(c) Return on assets.

(d) Current.

(e) Acid-test.
(i) Receivables turnover.
(g) Average collection period.
(h) inventory turnover.
( i) Da\s in inventory.
(j) Times interest earned.
(k) Asset turnover.
(l) Debt to total assets. 

(m) Current cash debt coverage.
(n) Cash return on sales.
(o) Cash debt coverage

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MONSTER MAGNET COMPANY Income Statements For the Years Ended December 31 2002 2001 Net sales $780,000 $624,000 Cost of goods sold 440,000 405,600 Gross profit 340,000 218,400 Selling and administrative expense 143,880 149,760 Income from operations 196,120 68,640 Other expenses and losses Interest expense 9,920 7,200 Income before income taxes 186,200 61,440 Income tax expense 25,300 24,000 Net income $160,900 $ 37,440