PLEASE USE THE FOLLOWING FINANCIAL STATEMENTS TO ANSWER THE REST OF THE QUESTIONS. Assets Cash and securities 1,554.00 9,660.00 Accounts receivable Inventories 13,440.00 Total current assets Net plant and equipment Total assets 24,654.00 17,346.00 42,000.00 Liabilities and Equity Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total debt Common stock Retained earnings Total common equity Total liabilities and equity 7,980.00 5,880.00 4,620.00 18,480.00 10,920.00 29,400.00 3,360.00 9,240.00 12,600.00 42,000.00 Income Statement Sales 58,800.00 Operating costs except depreciation Depreciation Earnings before interest and taxes (EBIT) Less interest charges Earnings before taxes (EBT) Taxes (20%) Net income 54,978.00 1,029.00 2,793.00 1,050.00 1,743.00 348.60 1,394.40 175 Shares outstanding Common dividends $418.32 Calculate quick ratio. 0.61 1.33 4.38 2.66 QUESTION 18 Calculate inventory turnover. 0.61 1.33 4.38 2.66 QUESTION 19 Calculate times interest earned ratio. 0.61 1.33 4.38 2.66 QUESTION 20 Calculate return on assets. 3.32% 11.07% 2.39% None of the above QUESTION 21 Calculate dividend per share. $3.32 $11.07 $2.39 $2.66