Given the following information from the current financial statements of Miley corporation calculate the ratios listed below the financial statements Miley corporation income statement information for the year end of December $31,2022$ sales all on credit $$1,600,000$ cost of good sold $1$ million gross profit on sales $$600,000$ operating expenses $270,000$ operating income $$330,000$ interest expense $10,000$ income before taxes $$320,000$ income tax expense $75,000$ profit $$245,000$Miley corporation balance sheet December $31,2022$ assets cash $$30,500$ marketable securities $100,000$ accounts receivable net $50,300$ prepaid insurance $7000$ merchandise inventory $40,000$ assets net $140,000$ total assets liabilities accounts payable $$90,200$ interest payable $4600$ total liabilities $94,800$ equity common shares $40,000132,200$ retained earnings $140,800$ total equity $273,000$ total liabilities and equity $$367,800$ required calculations to present each a current ratio be accounts receivable turnover assume the beginning of your accounts receivable balance with $$60,000$ see merchandise turnover assume the beginning of your merchandise inventory was $$50,000$ the price earnings ratio assume the company shares are selling for $$30$ per share at December $31,2022$E what is your overall evaluation of the performance of this company based on the ratios calculated formulas current ratio equals current assets$/$current liabilities accounts receivable turnover equals net sales$/$average accounts receivable merchandise turnover equals cost of good sold$/$average inventory price earnings ratio equals market price of common share$/$EPS