Could you help me with the math on this?

Testbank Exercise 90 The condensed financial statements of Ivanhoe Company for the years 2020-2021 are presented below: Ivanhoe Company Comparative Balance Sheets As of December 31, 2020 and 2021 2021 2020 Cash $738,000 $119,500 Accounts receivable (net) 533,000 405,000 Inventories 578,000 515,000 Plant and equipment 2,679,000 1,603,000 Accumulated depreciation (384,000) (230,000) $4,144,000 $2,412,500 Accounts payable $515,000 $234,000 Dividends payable -0- 68,500 Bonds payable 613,000 -0- Common stock ($10 par) 2,338,000 1,662,000 Retained earnings 678,000 448,000 $4,144,000 $2,412,500 Additional data: Market value of stock at 12/31/21 is $80 per share. Ivanhoe sold 49,000 shares of common stock at par on July 1, 2021. Ivanhoe Company Condensed Income Statement For the Year Ended December 31, 2021 Sales revenue $3,551,000 Cost of goods sold 2,424,000 Gross profit 1,127,000 Administrative and selling expenses 785,000 Net income $342,000 Compute the following financial ratios by placing the proper amounts for numerators and denominators. (Round per unit answers to 2 decimal places, e.g. 52.75.)3.59 (a) Current ratio at 12/31/21 1.81 (b) Acid test ratio at 12/31/21 2.47 (c) Accounts receivable turnover in 2021 $I 7.57 4.34 (d) Inventory turnover in 2021 9.63% (e) Profit margin on sales in 2021 (f) Earnings per share in 2021 1.71 (g) Return on common stockholders' equity in 2021 (h) Price earnings ratio at 12/31/21 (i) Debt to assets at 12/31/21 (j) Book value per share at 12/31/21

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