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