Selected 2021 financial statements of Hodge Corporation is presented below. All sales during the period were on credit. Selected balance sheet amounts at December 31, 2020 were: Inventory, $55.900, total assets, $179,400, common stock, $89,000, and retained earnings. $32,062 Hodge Corporation Income Statement For Year Ended December 31, 2021 Sales $ 454,600 Cost of goods sold 297,550 Gross profit 157,050 Operating expenses 99,200 Interest expense 4,200 Income before taxes 53,650 Income tax expense 21,612 Net Income $ 32,838 $ Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Hodge Corporation Balance Sheet December 31, 2021 Liabilities and Equity $ 12,000 Accounts payable 8,400 Accrued wages payable 29,400 Income taxes payable 40,150 tong-term note payable, secured by mortgage on plant assets 3,05e Connon stock 153,300 Retained earnings $ 246,300 Total liabilities and equity 16,500 4.800 3,500 68.400 Prepaid expenses Plant assets, net Total assets 89, eee 64,100 $ 246,300 Required: Compute the following for Hodge Corporation: (1) current ratio. (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover (5) days' sales in inventory. (6) debt-to-equity ratio. (7) times interest earned. (8) profit margin ratio (9) total asset turnover (10) return on total assets, and (11) return on common stockholders' equity. (Do not round Intermediate calculations.) days' sales in inventory. (6) debt-to-equity ratio (7) times interest earned (8) profit margin ratio, (9) total asset turnover, total assets, and (11) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Req 4 Reg 5 Req 6 Reg 7 Req 8 Req 9 Reg 10 Req 11 Compute the current ratio and acid-test ratio. Current Ratio Choose Numerator: 1 Choose Denominator: Current Ratio Current assets / = Current ratio $ 12,000/ O to 1 (2) Acid-Test Ratio Choose Denominator: Choose Numerator: Acid-Test Ratio Acid-Test Ratio 1 = 0 to 1 Compute the following for Hodge Corporation: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected. (4) ir Hlays' sales in inventory. (6) debt-to-equity ratio, (7) times interest earned. (8) profit margin ratio (9) total asset turn Cotal assets, and (11) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Req 4 Req 5 Reg 6 Req 7 Req 8 Req 9 Req 10 Reg Compute the days' sales uncollected. (3) Days' Sales Uncollected Choose Denominator: Days Choose Numerator: 1 / Days Sales Uncollected Days sales uncollected 0 days / Pro # Nov Compute the following for Hodge Corporation: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollecte days' sales in inventory. (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (9) total as total assets, and (11) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. REBBE Req 1 and 2 Req3 Reg 4 Req 5 Req 6 Req 7 Req 8 Req 9 Req 10 Compute the inventory turnover. Inventory Turnover Choose Numerator: / Choose Denominator: Inventory Turnover Inventory turnover 1 11 / = O times Required: Compute the following for Hodge Corporation: (1) current ratio, (2) acid-test ratio. (3) days' sales uncollected (4) days' sales in inventory. (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio (9) total asset tur total assets, and (11) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reus Req 6 Req 7 Req 8 Reg 9 Reg 10 RE Compute the days' sales in inventory. (5) Days' Sales in Inventory Choose Denominator: X Choose Numerator: 1 Days Days' Sales in Inventory Days' sales in inventory 0 days Required: Compute the following for Hodge Corporation: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, days' sales in inventory. (6) debt-to-equity ratio (7) times interest earned, (8) profit margin ratio (9) total asset total assets, and (11) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Req 4 Req 5 ME Req 6 Req 7 Req 8 Reg 9 Req 10 Compute the debt-to-equity ratio. (6) Debt-to-Equity Ratio Choose Denominator: Choose Numerator: 1 = Debt-to-Equity Ratio Debt-to-equity ratio 0 to 1 7 Required: Compute the following for Hodge Corporation: (1) current ratio, (2) acid-test ratio. (3) days' sales uncollected (4) inventory turn Hlays' sales in inventory. (6) debt-to-equity ratio, (7) times interest earned (8) profit margin ratio (9) total asset turnover (10) retu total assets, and (11) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 TEXEL Reg 4 Req 5 Req 6 Req 7 Req 8 Reg 9 Reg 10 Reg 11 Compute the times interest earned. (7) Times Interest Earned Choose Numerator: 1 Choose Denominator: Il Times Interest Earned 1 Times interest earned O times Total assets 246,300 Total liabilities and equity $ 246,300 Required: Compute the following for Hodge Corporation: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected. (4) inver days' sales in inventory. (6) debt-to-equity ratio (7) times interest earned, (8) profit margin ratio (9) total asset turnove total assets, and (11) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Reg 5 Req 6 Req 7 Reg 8 Req 9 Reg 10 Reg 11 Compute the profit margin ratio. (8) Profit Margin Ratio Choose Denominator: 1 Choose Numerator: I 1 Profit margin ratio Profit margin ratio 0 % Compute the following for Hodge Corporation: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollecte Bays' sales in inventory. (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (9) total ass Cotal assets, and (11) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Req 4 Reg 5 Req 6 Reg 7 Req 8 Reg 9 Req 10 Compute the total asset turnover. (9) Total Asset Turnover Choose Denominator: Choose Numerator: 11 Total Asset Turnover Il Total asset turnover 11 1 0 times Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Req 5 Reg 6 Reg 2 Req8 Reg 9 Reg 10 Reg 11 Compute the return on common stockholders' equity Return on Common Stockholders' Equity Choose Denominator Choose Numerator: = Return On Common Stockholders' Equity = Return on common stockholders' equity