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Bedrosian Incorporated has a line of credit from the Belmont National Bank that is due to be renewed on February 1. The bank has requested

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Bedrosian Incorporated has a line of credit from the Belmont National Bank that is due to be renewed on February 1. The bank has requested the company's current Income Statement and Comparative Statements of Financial Position which appear below. Bedrosian Incerporated Income Statenent Year Ended December 31, This Year (in thousands) On thousands) This Year Last Year Current ansets Revenue Sales Other SL950 Sists 3,600 3,750 48754,650 Cash and maritable securitie.???.?? Accounts receivable, net Total revenue 64500Tetal current assets Expenses Nencurrent assets Cost of goods sold 7950 7,950 0.54 11,625 1,875 Selling and administrative HM? Depreciation and amortization. Property, plant, and equipment Total Inte Total expenses Income before income tases Income tases Net income Liabilities and Shareholders Equity Currest Eabilities $1,650 $1,800 5,4005325 9,000 Salaries and wages payable Tetal current liabilities Leng-term debt Total liahilities Shareholdes" equity 9,000 9,150 Less Dridends to common stockholders(5386 per shure)255 2A50 Net income added to retained earnings- Retained earnings, beginning ofvear Retained earming, end of year Cemmon stock, at par 3,300 3,150 Pid-in capital in excess of par Total paid-in capital 4800 4575 R 100 1725 $8.18 11.400 0 Earnings per share Total stockbolders" equity The bank has also requested that Bedrosian calculate a number of financial ratios. The market price per share of common stock is $94. Bedrosian's financial ratios have not yet been calculated for this year Required: Calculate the following financial ratios for this year for Bedrosian Incorporated. 1. Return on total assets. 2. Return on common stockholders' equity. 3. Current ratio 4. Acid-test ratio 5. Debi-to-equity ratio. 6. Times interest earned. 7. Dividend payout ratio. 8. P/E ratio

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