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Selected year-end financial statements of McCord Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2010, were inventory, $47,900; total

Selected year-end financial statements of McCord Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2010, were inventory, $47,900; total assets, $189,400; common stock, $115,000; and retained earnings, $53,148.)

McCORD CORPORATION Income Statement For Year Ended December 31, 2011
Sales $ 452,600
Cost of goods sold 296,850


Gross profit 155,750
Operating expenses 99,400
Interest expense 4,400


Income before taxes 51,950
Income taxes 20,928


Net income $ 31,022





McCORD CORPORATION Balance Sheet December 31, 2011
Assets Liabilities and Equity
Cash $ 22,000 Accounts payable $ 17,500
Short-term investments 8,200 Accrued wages payable 4,600
Accounts receivable, net 31,000 Income taxes payable 3,000
Notes receivable (trade)* 5,000 Long-term note payable, secured
Merchandise inventory 34,150 by mortgage on plant assets 71,400
Prepaid expenses 3,000 Common stock 115,000
Plant assets, net 153,300 Retained earnings 45,150




Total assets $ 256,650 Total liabilities and equity $ 256,650









* These are short-term notes receivable arising from customer (trade) sales.

Required:
Compute the following. (Use 365 days a year. Do not round intermediate calculations and round your final answers to 1 decimal place. Omit the "%" sign in your response):

(1) Current ratio to
(2) Acid-test ratio to
(3) Days' sales uncollected (including note) days
(4) Inventory turnover times
(5) Days' sales in inventory days
(6) Debt-to-equity ratio to
(7) Times interest earned times
(8) Profit margin ratio %
(9) Total asset turnover times
(10) Return on total assets %
(11) Return on common stockholders' equity %

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