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Please show calculations The financial statements of Spectrama Company appear below: 1 Supertramp COMPANY Comparative Balance Sheet December 31, 2020 Assets Cash Debt investments Accounts

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The financial statements of Spectrama Company appear below: 1 Supertramp COMPANY Comparative Balance Sheet December 31, 2020 Assets Cash Debt investments Accounts receivable (net) Inventory Property, plant and equipment (net) Total assets 2020 $ 30,000 25,000 55,000 145,000 175.000 $430,000 2019 $ 40,000 60,000 30,000 170,000 200,000 $500.000 Liabilities and stockholders' equity Accounts payable 30,000 $ 30,000 Short-term notes payable 45,000 90,000 Bonds payable 80,000 160,000 Common stock 165,000 145,000 Retained earnings 110,000 75.000 Total liabilities and stockholders' equity $430.000 $500.000 Supertramp COMPANY Income Statement For the Year Ended December 31, 2020 Net sales (all on credit) $380,000 Cost of goods sold 184.000 Gross profit 196,000 Expenses Interest expense $11,000 Selling expenses 30,000 Administrative expenses 20.000 Total expenses 61,000 Income before income taxes 135,000 Income tax expense 40,500 Net income $ 94,500 Additional information: a. Cash dividends of $50,000 were declared and paid on common stock in 2020. b. Weighted-average number of shares of common stock outstanding during 2020 was 100,000 shares. c. Market price of common stock on December 31, 2020, was $12 per share. Using the financial statements and additional information, compute the following ratios for the Supertramp Company for 2020. You Must show all computations. 1. Current ratio 2. Return on common stockholders' equity 3. Price-earnings ratio 4. Inventory tumover 5. Accounts receivable turnover 6. Times interest earned 7. Profit margin Days in inventory. 9. Payout ratio 10. Return on assets 8

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