D. Return on common stockholders' equity

Market price of Banfield's common stock: $49.50 at December 31, 2014 and $27.02 at December 31, 2013 Common shares outstanding: 12,000 during 2014 and 12,000 during 2013 All sales are credit sales Requirements Compute the following ratios for 2014 and 2013: Current ratio Times-interest-earned ratio Inventory turnover Return on common stockholders' equity Earnings per share of common stock Price/earnings ratio