Hi, I need help for my accounting class.

The financial statements of Dobson Company appear below:

DOBSON COMPANY

Comparative Balance Sheet

December 31,

Assets 2009 2008

Cash................................................................................................... $ 35,000 $ 40,000

Short-term investments..................................................................... 15,000 60,000

Accounts receivable (net).................................................................. 50,000 30,000

Inventory............................................................................................ 50,000 70,000

Property, plant and equipment (net).................................................. 250,000 300,000

Total assets ................................................................................. $400,000 $500,000

Liabilities and stockholders' equity

Accounts payable.............................................................................. $ 10,000 $ 30,000

Short-term notes payable.................................................................. 40,000 90,000

Bonds payable................................................................................... 88,000 160,000

Common stock.................................................................................. 160,000 145,000

Retained earnings.............................................................................. 102,000 75,000

Total liabilities and stockholders' equity....................................... $400,000 $500,000

DOBSON COMPANY

Income Statement

For the Year Ended December 31, 2009

Net sales............................................................................................ $360,000

Cost of goods sold............................................................................. 198,000

Gross profit........................................................................................ 162,000

Expenses

Administrative expenses.............................................................. $59,000

Selling expenses.......................................................................... 40,000

Interest expense.......................................................................... 12,000

Total expenses....................................................................... 111,000

Income before income taxes............................................................. 51,000

Income tax expense.......................................................................... 15,000

Net income........................................................................................ $ 36,000

Additional information:

a. Cash dividends of $9,000 were declared and paid in 2009.

b. Weighted-average number of shares of common stock outstanding during 2009 was 30,000 shares.

c. Market value of common stock on December 31, 2009, was $21 per share.

Instructions

Using the financial statements and additional information, compute the following ratios for Coulter Company for 2009. Show all computations.

Computations

1. Current ratio _________.

2. Return on common stockholders' equity _________.

3. Price-earnings ratio _________.

4. Acid-test ratio _________.

5. Receivables turnover _________.

6. Times interest earned _________.

7. Profit margin _________.

8. Days in inventory _________.

9. Payout ratio _________.

10. Return on assets _________.