63. Use the following information from the current year financial statements of a company to calculate the ratios below and show your work: (5 points) (a) Acid test ratio. (6) Accounts receivable turnover. (Assume the prior year's accounts receivable balance was $150,000) (c) Days' sales uncollected (d) Inventory turnover. (Assume the prior year's inventory was $40.200.) (e) Times interest earned ratio. Return on common stockholders' equity. (Assume the prior year's common stock balance was $400,000 and the retained earnings balance was $135,000.) (9) Earnings per share (assuming the corporation has a simple capital structure, with only common stock outstanding) (h) Price earnings ratio. (Company's stock is selling for $31 per share.) (1) Divided yield ratio. (Company paid $2.50 per share in cash dividends.) S1.075.000 575.000 S 500.000 305.000 $ 195,000 20100 $ 174,600 74.000 S 100.000 Income statement data Sales (all on credit) Cost of goods sold Gross profil on sale Operating expenses Operating income Teterest pas Income before taxes Income tas Net income Balance shoot data Cash Accounts receivable Inventory Prepaid Expenses Total Curtant assets Total plant assets Total assets Accounts pavable Interest payable Long-term liabilities Total liabilities Common stock. Sio par Retained carnings Total liabilities and equity (a) S 38.400 120.000 56.700 245.000 $239.100 708.200 5948.000 S 91.200 4.800 204.000 $300.000 +80.000 168.000 $9.18.000 (b) (d) ( (h) 12