Financial Statement The comparative financial statement of Optical Solution Inc. are as follows. The mar her price of Optical Solutions Inc common stock w 56000 on December 31, 2010 Optical Solution in Com feina tamnings Statement For the Year End Dec, 1919 and 2009 2010 800 000 130 000 21.000 51.22.000 120.000 Outros On retard 5 4000 3000 On common 17.000 7.000 16.000 Retainer December 100.000 ORSO Optical Solutions Inc Comparative Income Statement For the Year Ended December 31, 2010 and 2009 2010 Ses 3000.000 Sales en ane abwances 1920 Nor sales 51.002.000 Cost of goods sold 490,200 Gross profit 51.121.680 Selling expenses 5 324.000 Administrave expenses 234.000 Total operating senses 5.550.000 Income from operations 5563800 Other income 26.000 $ 587.880 Other expense interesti 110.720 Income before income tax 5 477 160 income tax expense 4960 Net income $ 428.000 2009 11.481600 51475 600 199 200 $_3775.400 $ 352000 210.299 $1.562.200 5413 200 19.200 $ 432.400 80.000 5 352.400 3.8.2009 214.000 Optical Solutions Inc Comparative Balance Sheet December 31, 2010 and 2009 Dec 31, 2010 Dec 31, 2009 Assets Current assers Cash $ 240.000 364,000 260,000 208.000 44000 $1116.000 204,800 1.539.200 $2.860,000 $ 162 400 328.800 211.200 66.400 23200 $ 792.000 256.000 975.000 $2.024.000 $360.000 $320.000 Temporary investments Accounts receivable ineu inventores Prepaid expenses Total current assets Long-term investments Property, plant, and equipment net Total assets Liabilities Current habites Long-term liabilities Mortgage note payable 8% due 2015 Bonds payable 10%, due 2019 Total long-term abilities Total liabilities Stockholders' Equity Preferred $2.00 stock 550 pa! Common stock 55 par Retained earnings Total stockholders equity Torbites and stockholm $ 384000 800.000 $1.184.000 51.540.000 $ 800,000 $ 800.000 $1.120.000 $ 100.000 200 000 1016.000 $1315.000 52 850 000 $ 100.000 200.000 604.000 $ 904.000 57074 000 Instructions Determine the following measures for 2010, rounding to one decimal place: 1. Working capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days' sales in receivables 6. Inventory turnover 7. Number of days' sales in inventory 8. Ratio of fixed assets to long-term Nabilities pliabilibilitas terlholdere O