Balance Sheets December 31 2017 2016 Assets Current assets $60,600 69,100 117,500 123,600 370,860 601,200 $972,000 $ 64,600 50,300 102,800 115,600 333,300 523,900 $857,200 Cash Short-term investments Accounts receivable (net) Inventory Total current assets Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock ($5 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $160,600 43,100 203,700 203,700 407,400 $144,800 42,200 187,000 203,700 390,700 277,400 287,200 564,600 $972,000 297,100 169,400 466,500 $857,200 License Mar All sales were on account. Compute the following ratios for 2017. (Weighted average common shares in 2017 were 50,900.) (Round Ea e.g. 6.8 or 6.8%.) (a) Earnings per share (b) Return on common stockholders' equity (c) Return on assets (d) Current ratio (e) Acid-test ratio (1) Accounts receivable turnover (9) Inventory turnover (h) Times interest earned (1) Asset turnover 0) Debt to assets ratio times times Click If you would like to Show Work for this question: Open Show Work