Problem 17-4B line 11. "Asset turnover".

7. Number of days' sales in inventory 8. Ratio of Fixed assets to long-term liabilities $1,070,000 $14,658 73.0 $3,740,000$1,700,0002.2 9. Ratio of liabilities to stockholders' equity $2,600,000 $7,180,000 0.4 10. Times interest earned $1,300,000 $170,000 7.6 11. Asset turnover 12. Return on total assets \begin{tabular}{|l|} $1,070,000 \\ \hline \end{tabular} $9,267,500 11.5% 13. Return on stockholders' equity $900,000 $6,777,500133% 14. Return on common stockholders' equity $855,000] $6,277,500 ] 136% 15. Earnings per share 16. Price-eamings ratio 7. Number of days' sales in inventory 8. Ratio of Fixed assets to long-term liabilities $1,070,000 $14,658 73.0 $3,740,000$1,700,0002.2 9. Ratio of liabilities to stockholders' equity $2,600,000 $7,180,000 0.4 10. Times interest earned $1,300,000 $170,000 7.6 11. Asset turnover 12. Return on total assets \begin{tabular}{|l|} $1,070,000 \\ \hline \end{tabular} $9,267,500 11.5% 13. Return on stockholders' equity $900,000 $6,777,500133% 14. Return on common stockholders' equity $855,000] $6,277,500 ] 136% 15. Earnings per share 16. Price-eamings ratio