I am to compute Times interest earned Profit margin Days in inventory Payout ratio Return on assets on this problem. Please guide me on how to olve and answer it.

Comparative Balance Sheet December 31 Assets20X220X1Cash ........................................................................................................................$25,000 $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) .....................................................................260,000300,000Total assets.....................................................................................................$400,000 $500,000 Liabilities and stockholders' equity Accounts payable ....................................................................................................$20,000 $30,000 Short-term notes payable .......................................................................................30,000 90,000 Bonds payable ........................................................................................................90,000 160,000 Common stock ........................................................................................................150,000 150,000 Retained earnings ...................................................................................................110,00070,000Total liabilities and stockholders' equity .........................................................$400,000 $500,000 Income Statement For the Year Ended December 31, 20X2 Net sales .................................................................................................................$400,000 Cost of goods sold...................................................................................................240,000 Gross profit .............................................................................................................160,000 ExpensesOperating expenses .........................................................................................$42,000Interest expense ..............................................................................................18,000Total expenses ..........................................................................................60,000 Income before income taxes ..................................................................................100,000 Income tax expense ................................................................................................30,000 Net income .............................................................................................................$70,000

Additional information: a. Cash dividends of $30,000 were declared and paid in 20X2. b. Weighted-average number of shares of common stock outstanding during 20X2 was 30,000 shares. c. Market value of common stock on December 31, 20X2, was $21 per share.