-10- 3. The following information pertains to Roy Company for 2020: Cash $ 40,000 Accounts receivable 100,000 Inventory 80,000 Plant assets (net) 380,000 Total assets $600,000 Accounts payable $ 85,000 Accrued taxes and expenses payable 25,000 Long-term debt 50,000 Common stock ($10 par) 160,000 Paid-in capital in excess of par 80,000 Retained earnings 200,000 Total equities $600,000 Net sales (all on credit) $800,000 Cost of goods sold 600,000 Net income 72,000 Instructions Compute the following: (It is not necessary to use averages for any balance sheet figures involved.) Answer on the next page. (8 x 1=8) (a) Current ratio (b) Inventory turnover (c) Accounts receivable turnover (d) Book value per share (e) Earnings per share O Debt to assets (9) Profit margin on sales (h) Return on common stock holders' equity