compute the ratios for 2020 and 2019.

1. Market price of Hamden common shares: $66.60 at December 31, 2020; and $63.24 at December 31,2019.

2. Average common shares outstanding: 20,000 during 2020 and 15,000 during 2019

3. all sales on credit

Comparative financial statement data of Harden Optical Mart follow (Click on the icon to view the income statements.) Click on the icon to view the balance sheets. Other information: 1. Market price of Hamden common shares. $66.60 at December 31, 2020. and S63.24 at December 31, 2019 2. Average common shares outstanding: 20,000 during 2020 and 15,000 during 2010 3. All sales on credit Requirements Requirement 1. Computer the ralios for 2020 and 2019. (Abbreviations used: Avg. = average and ols = outstanding, shs - shares.) a. Current ratio Select the formula and then criter the arrounts to calculate the current ratio for 2020 and 2019. (Round the ratios to two decimal places, X.XX.) Current ratio 2020 2019 Requirements 1. Compute the following ratios for 2020 and 2019 a. Current ratio b. Quick acilestralia c. Receivables turnover and days' sales outstanding (DSO(round to the nearest whole day! d. Inventary turnover and days' inventory outstanding (DIO) (round to the ncarest whole day! e Accounts payable tumover and days payable outstanding (DPO) (round to the nearest whole day) f. Cash conversion cycle (in days) 9. Times-inforest-earned ratio h. Return on assets 1. Return on common shareholders' equily j. Earnings per share of common shares 9. Price earnings ratio 2. Decide whether (a) Hamden's financial position improved or deteriorated during 2020 and (b) the investment attractiveness of Hamdeni's common shares appears to have increased or decreased. 3. How will what you leared in this problem help you evaluate an investment? Print Done