b) The comparative statements of Parker Company are presented below- PARKER COMPANY Income Statements For the Years Ended December 31 Particulars 2020 2019 Net sales Tk. 6,69.200 Tk. 6,11,300 Expenses: Cost of goods sold 3,13,300 3,06,200 Selling and administrative expense 2,16,000 1,99,500 Interest expense 37,000 34,000 Income tax expense 44,500 37,000 Total expenses 6.10.800 5.76,700 Net income 58.400 34,600 2019 Assets PARKER COMPANY Balance Sheets December 31 Particulars 2020 Cash 70,100 Short-term investments 69,000 Accounts receivable (net) 97,800 Inventory 83,300 Prepaid Insurance 24,000 Equipment 2,47,000 Furniture 2,33,000 Machinery 4,31,000 Total assets 12.55.200 Liabilities and Stockholders' Equity Accounts payable 1,60,000 Salaries payable 49,500 Notes payable 94,500 Mortgage payable 2,00,000 Debenture 1,90,000 Common stock (Tk. 8 par) 2,80,000 Retained earnings 2,81,200 12.55,200 Total liabilities and stockholders' equity All sales were on account. Market price per share was Tk. 16.25. 74,200 50,000 82,800 75,500 48,000 2,23,000 1,95,000 3,55,000 11.03.500 1,45,400 42,000 1,03,700 2,00,000 1,50,000 2,10,000 2.52.400 11.03.500 Instructions: Compute the following ratios for 2020- (1) Current ratio (ii) Receivables turnover (ii) Return on common stockholders' equity. (v) Earnings per share (vi) Price-earnings ratio (vii) Debt to total assets (viii) Times interest earned