Parcells Company manufactures backpacks. During 2010 Stuffitt Company issued bonds at 10% interest and then used the cash proceeds to purchase treasury stock. The following financial information is available for Parcells Company for the years 2010 and 2009. 2010 2009 Sales $16,038,000 $16,038,000 Net income 3,991,680 4,633,200 Interest expense 827,000 231,560 Tax expense 1,193,940 1,389,960 Dividends paid 1,472,060 1,697,004 Total assets (year-end) 25,839,000 30,071,250 Average total assets 24,706,625 29,188,138 Total liabilities (year-end) 9,924,000 4,962,000 Average total stockholders' equity 15,547,600 23,321,400 Use the information above to calculate the following ratios for both years: (i) return on assets ratio, (ii) return on common stockholders' equity ratio, (iii) payout ratio, (iv) debt to total assets ratio, (v) times interest earned ratio. (Round answers to 1 decimal place, e.g. 25.2.) 2010 2009 Return on assets ratio % % Return on common stockholders' equity ratio % % Payout ratio % % Debt to total assets ratio % % Times interest earned ratio times times