13. The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Use this information to answer the question that follow. Assets Cash and short-term investments $43,878 Accounts receivable (net) 31,186 Inventory 26,172 Property, plant, and equipment 257,505 Total assets $358,741 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity-Common Total liabilities and stockholders' equity $59,339 92,381 207,021 $358,741 Income Statement Net Sales Cost of goods sold Gross margin Operating expenses Interest expense Net Income $95,915 (38,366) 57,549 (23,318) (4,796) $29,435 Number of shares of common stock outstanding Market price of common stock Total dividends paid Cash provided by operations 5,516 $35 $9,800 $43,878 Using the data provided for Diane Company, what is the return on total assets? 8. Balance sheet and income statement data indicate the following: Bonds payable, 10% (due in two years) $896,000 TIE Preferred 5% stock, $100 par (no change during year) 214,000 Common stock, $50 par (no change during year) 2,124,000 Income before income tax for year 313,000 Income tax for year 87,000 Common dividends paid 106,200 Preferred dividends paid 10,700 Based on the data presented, what is the times interest earned ratio (rounded to one de