ELCAMINO COMPANY Income Statement For the Year Ended December 31, 2020 Net sales (all on credit) Cost of goods sold Gross profit Expenses Interest expense Selling expenses Administrative expenses Total expenses Income before income taxes Income tax expense Net income $11,000 30,000 20,000 $360,000 184,000 176,000 61,000 115,000 35,000 $80,000

Income Statement For the Year Ended December 31, 2020 Netsales(alloncredit)CostofgoodssoldGrossprofit$360,000184,000176,000 Expenses Using the financial statements and additional information, compute the following ratios for the Lewis Company for 2020 . (Rou answers to 2 decimal places, eg. 1.83 or 12.61%. 2. Return on common stockholders' equity 32.99% 3. Price-earnings ratio 1.6 times 4. Inventory turnover 1.19 times 5. Accounts receivable turnover 9 times 6. Times interest earned 11.45 times 7. Profit margin % 8. Days in inventory days 9. Payout ratio % 10. Return on assets %