Given the following information from the current financial statements of Caresful Corp, calculate the ratios listed below the financial statements.

Required Calculations:

(A) Current ratio.

(B) Accounts receivable turnover. Assume the beginning of year accounts receivable balance was $59,500.

(C) Days' sales uncollected.

(D) Merchandise turnover. Assume the beginning of year merchandise inventory was $50,200.

(E) Times interest earned.

(F) Return on common shareholders' equity. Assume the beginning of year common shares balance was $180,000 and retained earnings was $128,000.

(G) Earnings per share (assume Caresful Corp's average common shares outstanding is 50,000).

(H) Price-earnings ratio. Assume the company's shares are selling for $26 per share at December 31, 2022.

Caresful Corp. Income Statement Information For the year ended December 31, 2022
Sales (all on credit)	$1,450,000
Cost of goods sold	1,050,000
Gross profit on sales	$400,000
Operating expenses	265,000
Operating income	$135,000
Interest expense	5,300
Income before taxes	$129,700
Income tax expense	45,395
Profit	$84,305
Caresful Corp. Balance sheet December 31, 2022
Cash	$28,500
Marketable securities	122,000
Accounts receivable (net)	52,300
Prepaid insurance	5,000
Merchandise inventory	38,000
Plant Assets (net)	143,000
Total Assets	$388,800
Accounts payable	$81,300
Interest payable	2,800
Common shares	126,200
Retained earnings	178,500
Total Liabilities and Equity	$388,800