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begin{tabular}{|l|l|} hline 31 & Required: hline 32 & Compute the following ratios for the current year only: hline 33 & Gross margin percentage
\begin{tabular}{|l|l|} \hline 31 & Required: \\ \hline 32 & Compute the following ratios for the current year only: \\ \hline 33 & Gross margin percentage \\ \hline 34 & Current ratio (rounded to two decimal places) \\ \hline 35 & Acid-test ratio (rounded to two decimal places) \\ \hline 37 & Accounts receivable turnover (rounded to two decimal places) \\ \hline 38 & Average collection period (rounded to the nearest whole day) \\ \hline 39 & Inventory turnover ratio (rounded to two decimal places) \\ \hline 40 & Average sales period (rounded to the nearest whole day) \\ \hline 41 & Debt-to-equity ratio (rounded to two decimal places) \\ \hline 42 & Times interest earned (rounded to two decimal places) \\ \hline 43 & Book value per share (rounded to two decimal places) \\ \hline 44 & Divings per share (rounded to two decimal places) \\ \hline 45 & Dividend yield ratio (rounded to three decimal places) \\ \hline 46 & Price-earnings ratio (rounded to two decimal places) \\ \hline \end{tabular}
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