Aurora Newborn Clothing, Inc.Income StatementPeriod Ended $12/31/--$Net Sales $$1,476,251$ Cost of Goods Sold $959,562$Gross Profit $516,6890$perating Expenses $268,679$Net Operating Profit $248,010$Interest Expense $50,221$Earnings Before Tax $197,789$Tax $(\mathrm{.}40)79,116$Net Income $$118,673$Aurora Newborn Clothing, Inc.Balance SheetAs of $\frac{12}{31}\frac{?}{?}--$Cash $$164,063$ Accounts Payable $$457,500$ Accounts Receivable $573,438$ Accruals $60,000$ Inventory $298,125$ Notes Payable $247,500$ Current Assets $$1,035,626$ Current Liabilities $$765,000$ Gross Fixed Assets $$792,500$ Bonds $$180,000$ Accumulated Depreciation $104,874$ Debentures $120,000$ Net Fixed Assets $$687,626$ Long$-$Term Debt $$300,000$ Total Debt $$1,065,000$ Preferred Stock $$60,000$ Common Stock $240,000$ Retained Earnings $$358,252$ Total Equity $$658,252$ Total Assets $$1,723,252$ Total Debt and Equity $$1,723,252$ Footnotes: $1.$ Where appropriate use a $360-$day not a $365-$day year$2.$ Common shares outstanding: $31,2503.$ Preferred shares outstanding: $6,2504.$ Preferred Dividends: $$6,2505.$ Common Dividends: $$11,2506.$ Common Stock Market Price Per Share: $$41\mathrm{.}25$

Aurora's Current Ratio can be determined as

a$.1\mathrm{.}081$ b$.\mathrm{.}9255$ c$.1\mathrm{.}354$ d$.\mathrm{.}74782.$

$2$Aurora's Fixed Asset Turnover Ratio can be determined as

a$.2\mathrm{.}147$b$\mathrm{.}1\mathrm{.}817$c$.1\mathrm{.}396$d$.1\mathrm{.}1813.$

$3.$Aurora's Equity Multiplier Ratio can be determined as:

a$.\mathrm{.}225$b$.2\mathrm{.}618$c$.\mathrm{.}580$d$.\mathrm{.}36724.4.$Aurora's Book Value Per Share can be determined as

a$.20\mathrm{.}60$b$.10\mathrm{.}00$c$.10\mathrm{.}30$d$.19\mathrm{.}145.$

Aurora's Earnings Per Share Ratio can be determined as

a$.3\mathrm{.}60$b$.2\mathrm{.}00$c$.5\mathrm{.}55$d$.\mathrm{.}5566.6.$ Aurora's Operating Margin can be determined as

a$.4\mathrm{.}23\%$ b$.35\mathrm{.}00\%$ c$.16\mathrm{.}18\%$ d$.23\mathrm{.}64\%$

Aurora's Return on Common Equity Ratio can be determined as

a$.18\mathrm{.}8\%$ b$.8\mathrm{.}74\%$ c$.10\mathrm{.}75\%$ d$.2\mathrm{.}00\%$

Aurora's Times Interest Earned Ratio can be determined as: $.$a$.4\mathrm{.}9384$ b$.4\mathrm{.}7800$ c$.$

$5\mathrm{.}3489d.$ None of the answers provided

Aurora's Net Margin can be determined as a$.8\mathrm{.}04\%$ b$.8\mathrm{.}74\%$ c$.10\mathrm{.}75\%$ d$.2\mathrm{.}00\%10.$ Aurora's Accounts Receivables Collection Period can be determined as $.135\mathrm{.}4236b.13\mathrm{.}9817$c$.145\mathrm{.}8973$d$.139\mathrm{.}81723$