PLEASE SHOW EVERYTHING (calvulation)

Use the follewing information for the Problem(s) below. The following information is from Spearman Company's financial statements Assets Cash and cash equivalents Accounts Recelvable Inventory Supplies Total Current Assets $15,792 16,400 10,120 635 $42,947 13,500 27,600 2,895 S86942 Long-term Assets Property, plant and equipment, net Other assets Total Assets Liabilities and Equity Accounts Payable $20,025 7,245 Short-term Debt Other current liabilities Total Current Liabilities Long-term Liabilities Common Stock 0,875 $37,145 11.326 19,674 Retained Earnings Total Liabilities and Equity 18,797 S86.942 Income Statement Sales Cost of Goods Sold Gross Profit Operating expenses Operating Income Interest expense Net Income $152,945 72.837 80,108 56,846 23,262 2748 $20.514 3) Compute Spearman's current ratio. (3 points) 4) What is Spearman's returm on assets? Assume that average total assets are $96,942. (3 points) 5) Compute Spearman's inventory turnover ratio. Assume that the average inventory for the year is $10,120. (3 points) 6) Compute Spearman's accounts receivable turnover ratio. Assume that the average accounts receivable for the year is $16,400. (3 points) 7) Compute Spearman's debt to equity ratio. (3 points) 8) What is Spearman's gross profit ratio? (3 points)