Please solve the below problem ASAP for mba 560 financial and managerial accounting. Thanks

Trombly Optical Mart
Comparative Balance Sheets
December 31, 2012 and 2011
			2012	2011	2010*
		Current assets:
		Cash	$45,000	$47,000
		Current receivables, net	209,000	149,000	$134,000
		Inventories	294,000	280,000	189,000
		Prepaid expenses	7,000	21,000
		Total current assets	555,000	497,000
		Property, plant, and equipment, net	285,000	275,000
		Total assets	$840,000	$772,000	704,000
		Accounts payable	100,000	114,000	118,000
		Other current liabilties	143,000	189,000
		Total current liabilities	$243,000	$303,000
		Long-term liabilities	248,000	239,000
		Total liabilities	491,000	542,000
		Common stockholders' equity, no par	349,000	230,000	196,000
		Total liabilities and stockholders' equity	$840,000	$772,000

Trombly Optical Mart
Comparative Income Statements
Years Ended December 31, 2012 and 2011
			2012	2011
		Net sales	$690,000	$590,000
		Cost of goods sold	375,000	278,000
		Gross profit	315,000	312,000
		Operating expenses	128,000	149,000
		Income from operations	187,000	163,000
		Interest expense	35,000	49,000
		Income before income tax	152,000	114,000
		Income tax expense	38,000	50,000
		Net income	$114,000	$64,000

1.	Compute the following ratios for 2012 and 2011:
	a.	Current ratio
	b.	Quick (acid-test) ratio
c.		Receivables turnover and days sales outstanding (DSO) (round to the nearest whole day)
	d.	Inventory turnover and days inventory outstanding (DIO) (round to the nearest whole day)
	e.	Accounts payable turnover and days payable outstanding (DPO) (round to the nearest whole day)
	f.	Cash conversion cycle (in days)
	g.	Times-interest-earned ratio
	h.	Return on assets (use DuPont analysis)
	i.	Return on common stockholders' equity (use DuPont analysis)
	j.	Earnings per share of common stock
	g.	Price/earnings ratio
2.	Decide whether (a) Trombly's financial position improved or deteriorated during 2012 and (b) the investment attractiveness of Trombly's common stock appears to have increased or decreased.
3.	How will what you learned in this problem help you evaluate an investment?

Comparative financial statement data of Trombly Optical Mart follow:

1.	Market price of Trombly common stock: $105.82 at December 31, 2012, and $63.96 at December 31, 2011
2.	Common shares outstanding: 14,000 during 2012 and 13,000 during 2011
3.	All sales on credit

Requirement 1. Compute the ratios for 2012 and 2011. (Abbreviations used: Avg = average and o/s = outstanding, shs - shares.)

a. Current ratio

Select the formula and then enter the amounts to calculate the current ratio for 2012 and 2011.

(Round the ratios to two decimal places.)

		/		=	Current ratio
2012		/		=
2011		/		=