PROBLEM (40 POINTS) Use the following information to PREPARE A RATIO ANALYSIS FOR Carlton Co. The following information pertains to Carlton Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $ 40,000 Accounts receivable (net) 25,000 Inventory 20,000 Property, plant and equipment 210,000 Total assets $295,000 Liabilities and Stockholders' Equity Current liabilities 60,000 Long-term liabilities 85,000 Stockholders' equity-common 150,000 Total liabilities and stockholders' equity $295,000 Income Statement Net sales $ 85,000 Cost of goods sold Gross margin Operating expenses Interest expense Net income EPS Number of shares of common stock Market price of common stock Total dividends paid Cash provided by operations 45,000 40,000 15,000 5.000 $ 20,000 $3.33 6,000 $20 $5,400 $30,000 $.90 Dividend per share Required: Prepare a ratio analyses using the formulas presented on page 627. If a ratio not applied to Carlton Co., write N/A.