Here is a question for my accounting two homework. Please see attached file. Thank you.

Problem 17-4B The comparative financial statements of Chattah INC. are as follows. The market price of Chattah Inc. Common stock was $25 on December 31, 2012. Chattah Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2012 and 2011 Retained earnings, January 1 Add net income for year Total Deduct dividends: On preferred stock On common stock Total Retained earnings, December 31 2012 1,646,120 847,000 2,493,120 2011 976,120 850,000 1,826,120 30,000 150,000 180,000 2,313,120 30,000 150,000 180,000 1,646,120 Chattah Inc. Comparative Income Statement For the Years Ended December 31, 2012 and 2011 Sales (all on account) Sales returns and allowances Net sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total operating expenses Income from operations Other income Other expense (interest) Income before income tax Income tax expense Net income 2012 9,056,000 56,000 9,000,000 4,500,000 4,500,000 1,936,000 1,296,000 3,232,000 1,268,000 128,000 1,396,000 309,000 1,087,000 240,000 847,000 2011 7,849,000 40,000 7,800,000 3,680,000 4,120,000 1,840,000 1,216,000 3,056,000 1,064,000 96,000 1,160,000 110,000 1,050,000 200,000 850,000 Chattah Inc. Comparative Balance Sheet December 31, 2012 and 2011 Dec. 31, 2012 Assets Current Assests: Cash Temporary investments Accounts receivable (net) Inventories Prepaid expenses Total current assets Long-term investments Property, plant, and equipment (net) Total assets Liabilities Current liabilities Long-term liabilities: Mortgage note pagable, 12% due 2017 Bonds payable, 11% due 2021 Total long-term liabilities Total liabilities Stockholders' Equity Preferred $2.00 stock, $100 par Common stock $5 par Retained Earnings Total stockholders equity Total liabilities and stockholders equity Dec. 31 2011 420,000 760,000 663,000 1,072,700 92,400 3,008,100 825,000 6,450,020 10,283,120 306,000 408,000 482,120 850,000 89,250 2,135,370 637,500 5,100,000 7,872,870 770,000 726,750 1,200,000 1,500,000 2,700,000 3,470,000 0 1,000,000 1,000,000 1,726,750 1,500,000 3,000,000 2,313,120 6,813,120 10,283,120 1,500,000 3,000,000 1,646,120 6,146,120 7,872,870 Instructions Determine the following measures for 2012, rounding to one decimal place: 1. Working capital 2. Current ratio 3. Quick ratio 4. Account receivable turnover 5. Number of days' sales in receivables 6. Inventory turnover 7. Number of days sales in inventory 8. Ration of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders' equity 10. Number of times interest charges earned 11. Number of times preferred dividends earned 12. Ratio of net sales to assets 13. Rate earned on total assets 14. Rate earned on stockholders' equity 15. Rate earned on common stockholders' equity 16. Earnings per share on common stock 17. Price-earnings ratio 18. Dividends per share of common stock 19. Dividend yield