SAGE HILL COMPANY Comparative Balance Sheet December 31 , \begin{tabular}{lcc} \hline Assets & 2020 & 2019 \\ Cash & $20,500 & $47,000 \\ Short-term investments & 28,000 & 66,000 \\ Accounts receivable (net) & 41,500 & 31,900 \\ Inventory & 61,300 & 70,400 \end{tabular} Property,plantandequipment(net)assets260,000$411,300310,000$525,300 Liabilities and stockholders' equity Accounts payable Short-term notes payable Bonds payable 90,000180,000 SAGE HILL COMPANY Income Statement For the Year Ended December 31, 2020 Net sales $430,000 Cost of goods sold Gross profit 154,800275,200 Expenses Operating expenses $42,500 Interest expense 18,500 Total expenses 61,000 Additional informations a. Caish dividends of $23,700 were dechared and paid in 2020 b. Woighted-average mumber of shares of comenon stock outstanding during 2020 was 328290 staie Market value of common steck on Decamber 31.2020, was $22 per share. Using the friancial statements and additional information, compute the following ration for 5age thit Company for 2080 . (Uat 355 doms for eatculationt Round orimers to 1 decimol ploce, eg 527.) Question 9 of 10 2. Return ort common stockhalders' equity 3. Price-carnings ratio tirnes 4. Accounts receivable turnover times. 5. Times interest eirrned times 6. Profit margin- 7. Days in inventory days B. Payout ratio 9. Return on assets a Teuthnok and Adatio