2011 2012 Cash 24,000 22,200 Accounts receivable 40,000 33,000 52,200 83,100 Inventory Net plant and equipment 285,000 295,000 Total assets 401,200 433,300 Notes payable 16,000 13,000 Accounts payable 49,000 57,000 Accruals 6,000 5,000 160,000 175,000 Long-term debt Common stock ($2.50 par) 25,000 27,000 Capital surplus 80,000 84,000 Retained earnings 65,200 72,300 Total Liab. & Equity 401,200 433,300 Miscellaneous Income Statement Data: Sales (2011) = $832,400 Sales (2012) = $923,400 Net income (2011) = $42,300 Net income (2012) = $47,800 QUESTION: Compute the Current Ratio for 2011. What is the Debt Ratio of Smithson Iron, Inc. for 2011? What were Earnings per Share (EPS) of Smithson Iron, Inc. for 2012? What is the Return on Assets of Smithson Iron, Inc. for 2011? Record your What is the Return on Equity of Smithson Iron, Inc. for 2011