"Flynn Plastics Company reports the following data in its May 30, 2020 financial statements:

Gross sales $225,000

Current assets $ 40,000

Long-term assets $100,000

Current liabilities $16,000

Long-term liabilities $44,000

Owners' equity $80,000

Net income $7,200

Number of common shares 5,000

Compute the following ratios: current ratio , debt-to-equity , return on owners equity , and earnings per share .