P14-5

Net sales 61,471

cost of goods sold 41,895

selling and admin expenses 16,200

interest expense 647

other income expense 1,896

income tax expense 1,776

net income 2,849

current assets 18,906

noncurrent assets 25,654

total assets 44,560

current liabilities 11,782

long term debt 17,471

total stockholders equity 15,307

total liabilites and stockholder equity 44,560

total asssets 37,349

total stockholder equity 15,633

current liability 11,117

total liabilities 21,716

average net accounts receivable 7,124

average inventory 6,517

net cash provided by operating activities 4,125

I need help understanding how to get the following ratios. can you show me the calucation for each for the folliwng company so I can have an example to figure it out. thanks

1- current ratio

2 accounts receivable turnover

3. average collection period

4. inventory turnover

5. days in inventory

6. profit margin

7. asset turnover

8. return on assets

9. return on common stockholders equity

10. debt to assets ratio

11. times interest earned