RENO Ltd. 's financial statements for the year ended December 31, 2010 are shown below Selected income statement data for current year Net sales (all were on credit) Cost of goods sold Income from operations. Interest expense Net income $ 323,050 187,700 87,500 15,000 75,000 Selected balance sheet and market price data ar end of current year Current assets: Cash $ 17,250 Short-term investments. 11.300 Accounts receivables, net 32,300 Inventories 60,950 Prepaid expenses 2.000 Total current assets 51240 Total assets $210,000 Total current liabilities $66,750 Total liabilities $82,500 Average common shareholders' equity 596,250 Selected balance sheet data af beginning of current year (January 1, 2010: Accounts receivables, net $ 30,250 Inventories $ 52.500 Total assets $ 240,000 Other Market price per common share: 5 10,00 Reno paid cash dividends to preferred shareholders $ 750 Weighted average number of common shares outstanding: 7,000 Required Compute the following utics for the current year English CANS MacBook Pro * Other: Market price per common share: $ 10.00 >> Reno paid cash dividends to preferred shareholders: $ 750 Weighted average number of common shares outstanding: 7,000 Required Compute the following ratios for the current year: I g. Return on net sales h. Return on total assets a. Current ratio b. Acid-test ratio c. Inventory turnover d. Accounts receivable turnover e. Debt ratio f. Times-interest- earned ratio