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, $54,900; total assets, $219,400; common stock, $81,000, and retained earnings, $39,133 Hodge Corporation Income Statement Tor Year Ended December 31, 2021 Sales $ 455,600 Cost of goods sold 298,050 Gross profit 157,550 Operating expenses 99, 100 Interest expense 4,500 Income before taxes 53,950 Income tax expense 21,733 Net Income $ 32,217 $ Assets Cash Short-term investments Accounts receivable, net Merchandise inventory Hodge Corporation Balance Sheet December 31, 2021 Liabilities and Equity $ 18,000 Accounts payable 8,400 Acered wages payable 31,000 Income taxes payable 36,150 Long-term note payable, secured by mortgage on plant assets 2,500 Common stock 151,300 Retained earnings $ 247,350 Total liabilities and equity 18,500 4,800 4,300 67,400 Prepaid expenses Plant assets, net Total assets 81,000 71.350 $ 247,350 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.) 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.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Reg 4 Reg 5 Reg 6 Reg 7 Reg 8 Req9 Reg 10 Reg 11 Compute the days' sales uncollected. (3) Choose Numerator: Accounts Receivable, net Days Sales Uncollected Choose Denominator: Days Net sales Day Sales Uncollected Days sales uncollected - O days 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.) Complete this question by entering your answers in the tabs below. Reg 5 Reg 6 Reg 2 Req8 Red 9 Reg 10 Reg 11 Reg 1 and 2 Req3 Reg 4 Compute the inventory tumover. (4) Inventory Turnover Choose Denominator Choose Numerator = Inventory Turnover - Inventory tumover 3 Otimes 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, () 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.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Req 4 Req 5 Reg 6 Req2 Req8 Req 9 Red 10 Req 11 Compute the days' sales in Inventory (5) Choose Numerator: 1 Days Salons in Inventory Choose Denominator x X Days + Days' Sales in Inventory = Days' sales in inventory - o days 1 X Required: Compute the following for Hodge Corporation: (1) current ratio, (2) acid test ratio, (3) days' sales uncollected (4) inventory tumover (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.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req3 Reg 4 Reg 5 Reg 6 Reg 7 Regs Regg Reg 10 Reg 11 Compute the debt-to-equity ratio. (0) Choone Numerator: Debt-to-Equity Ratio 1 Choose Denominator 1 2 Debt-to-Equity Ratio Debt-to-equity ratio Oto + 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, ()) 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.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Reg 7 Req Req Reg 10 Req 11 Compute the times interest earned. (7) Times Interest Earned Choose Numerator Choose Denominator Times interest Earned Times interest earned Oltimos 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.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Req7 Req& Req9 Reg 10 Reg 11 Compute the profit margin ratio. (8) Profit Margin Ratio Choose Denominator: Choose Numerator: 1 Profit margin ratio - Profit margin ratio 0% ( Req7 Req9 > 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 eamed, (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.) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Req 4 Reg 5 Req6 Req 7 Req8 Req 9 Reg 10 Reg 11 Compute the total asset turnover. (9) Choose Numerator: Total Asset Turnover Choose Denominator: 1 Total Asset Turnover Total asset turnover O times Required: Compute the following for Hodge Corporation: (1) current ratio, (2) acid-test ratio, (3) days soles 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 (0) return on 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. Reqs Reg 6 Req? Reg 8 Reg 9 Red 10 Reg 11 Reg 1 and 2 Reg 2 Reg 4 Compute the return on total assets. (10) Choose Numerator: Return on Total Assets 1 Choose Denominator 1 Return on Total Assets - Return on total assets 0 % Reg. Reg 11 > Required: Compute the following for Hodge Corporation (1) current ratio, (2) acid-test ratio, 3 days' sales uncollected. 14) inventory turnover (5) days' sales in inventory. (6) debt-to-equity ratio (7) times interest eamed. (8) profit margin ratio (9) total asset turnover, no return on total assets, and (tt) return on common stockholders' equity. (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Red 1 and 2 Reg 3 Reg4 Reg 5 Reg. Reg Hea Heg REG 10 HI Compute the return on common stockholders' equity Choose Numerator Return on Commen Stockholders Choose Denominator Return On Common Stockholnity Return on common to holders' equily