1.Identify major ratios and describe their calculation:

a.Current ratio

b.Acid test

c.Current cash debt

d.Receivable turnover

e.Inventory turnover

f.Asset turnover

g.Profit margin on sales

h.Rate of return on assets

i.Rate of return on common stock equity

j.Earnings per share

k.Payout ratio

l.Debt to total assets ratio

m.Times interest earned

n.Cash debt coverage ratio

o.Book value per share