The financial information below was taken from the annual financial statements of Alden Company.

20172016

Currentassets$280,000$170,000

Currentliabilities80,00090,000

Totalassets550,000450,000

Salesrevenue760,000600,000

Cost of goodssold525,000510,000

Inventory100,000110,000

Accounts receivable(net)100,00060,000

Netincome57,00048,000

Common stockholders'equity330,000270,000

Totalliabilities220,000180,000

Instructions:Calculate the following ratios for Alden Company for 2017.

1.Return on assets.

2.Average collection period of accounts receivable in days.

3.Current ratio.

4.Debt to assets ratio.

5.Inventory turnover.

6.Profit margin.

7.Asset turnover.

8.Return on common stockholders' equity.