4-2 Calculate ratios for assessing a company's liquidity 4-3 Calculate ratios for assessing a company's solvency The balance sheet for Adams Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equity $ 239,000 767,000 $1,006,000 $ 143,000 447,000 590,000 416,000 $1,006,000 Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio Debt-to-assets ratio Debt-to-equity ratio % The following data come from the financial records of Campbell Corporation for Year 3: Sales Interest expense Income tax expense Net income $840,000 4,800 29,000 23,000 Required How many times was interest earned in Year 3? (Round your answer to 2 decimal places.) Interest earned times During Year 3, Fanning Corporation reported after-tax net income of $3,620,000. During the year, the number of shares of stock outstanding remained constant at 9,660 of $100 par 10 percent preferred stock and 396,000 shares of common stock. The company's total stockholders' equity is $19,600,000 at December 31, Year 3. Fanning Corporation's common stock was selling at $51 per share at the end of its fiscal year. All dividends for the year have been paid, including $4.90 per share to common stockholders, Required a. Compute the earnings per share. (Round your answer to 2 decimal places.) b. Compute the book value per share of common stock. (Round your answer to 2 decimal places.) c. Compute the price-earnings ratio. (Round intermediate calculations and final answer to 2 decimal places.) d. Compute the dividend yield (Round your percentage answer to 2 decimal places. (ie, 0.2345 should be entered as 23.45).) a. Earnings per share b. Book value per share c. Prio-camnings ratio d. Dividend yield times %