4) Calculate the following ratios: (60 Points 3 points each) A) Working capital B) Cash ratio C) Acid-test ratio D) Current ratio E) Inventory turnover F) Days sales in inventory G) Gross profit percentage H) Accounts receivable turnover ratio 1) Days sales in Receivables J) Debt ratio K) Debt to equity ratio L) Times-interest-earned ratio M) Profit margin ratio N) Rate of return on total assets 0) Asset turnover ratio P) Rate of return on common stockholders' equity Q) Earnings per share R) Price earnings ratio S) Dividend Yield T) Dividend payout Question 4 (60 Points) Formula Calculation Answer A B C D E F G H 1 J K L M N Jolston Company Balance Sheet December 31 20X1 and 20x2 ($ in 000's) 20X1 20X0 Cash $ 200 $ 240 Accounts Receivable (net) 850 1,004 Inventory 1,000 940 Prepaid Assets 100 82 Current Assets $2,150 $2,266 Land 450 200 Building (Cost) Accumulated Depreciation Building (Net) $1,800 200 $1,270 160 1,600 1,110 Total Assets $4,200 $3,576 Accounts Payable $ 120 $ 450 Wages Payable 50 20 Accrued Liabilities 70 40 Current Liabilities $ 240 $ 510 Long Term Notes Payable 220 120 Total Liabilities $ 460 $ 630 Common Stock ($5 Par) 350 300 Paid in Capital in Excess of Par 2,190 2,022 Retained Earnings 1,200 624 Total Liabilities and Stockholders' Equity $4,200 $3,576