The 2020 financial statements of Outdoor Waterworks Inc. follow Outdoor Waterworks Inc. Income Statement For Year Ended December 31, 2020 Net sales Cost of goods sold: Inventory, Dec. 31, 2019 Purchases Goods available for sale Inventory, Dec. 31, 2020 Cost of goods sold Gross profit from sales Operating expenses Operating profit Interest expense Profit before taxes Income taxes Profit $1,156,000 $ 84,860 619,840 $ 704,700 61,890 642,810 $ 513,190 292,360 $ 220,830 13,300 $ 207,530 19,814 $ 187,716 Assets Cash Outdoor Waterworks Inc. Balance Sheet December 31, 2020 Current non-strategic investments Accounts receivable, net Notes receivable 13 $ 24,100 26,760 53,980 12,460 61,890 Inventory Prepaid expenses Plant and equipment, net Total assets Liabilities and Equity 6,140 336,020 $521,350 Accounts payable $ 49,600 Accrued wages payable 6,620 Income taxes payable 7,530 Long-term note payable, secured by mortgage on plant 119,700 Common shares, 160,000 shares 201,500 Retained earnings 136,400 Total liabilities and equity $521,350 Assume all sales were on credit. Also assume the long-term note payable is due in 2023, with no current portion. On the December 3 2019, balance sheet, the assets totalled $442,220, common shares were $201,500, and retained earnings were $113,340 Required: Calculate the following: (Use 365 days in a year. Do not round your intermediate calculations. Round the answers to 2 decimal places.) a. Current ratio b. Quick ratio c. Days' sales uncollected d. Inventory turnover e. Days' sales in inventory f. Ratio of pledged plant assets to secured liabilities g. Times interest earned to 1 to 1 days times days to 1 times % h. Profit margin i. Total asset turnover times % j. Return on total assets k. Return on common shareholders' equity %