The financial statement of company ABC appears below:

ABC COMPANY
Comparative Balance Sheet
December 31, 2020
Assets				2020	2019
Cash				$20,000	$40,000
Short-Term Investment				20,000	60,000
Account Recievable, net				40,000	30,000
Inventory				60,000	70,000
Property, Plant, and Equipment, Net				260,000	300,000
Total Assets				$400,000	$500,000
Liabilities and Stock Holder Equity
Account Payable				$20,000	$30,000
Short-Term note Payable				40,000	90,000
Bonds Payable				80,000	160,000
Common Stock				150,000	150,000
Retained Earnings				110,000	70,000
Total liabilities and Stockholder Equity				$400,000	$500,000

ABC COMPANY
Income Statement
For The Year Ended December 31, 2020
Net Sales				$400,000
Cost of Goods sold				250,000
Gross Profit				150,000
Expenses
Operating Expenses			$42,000
Interest Expense			18,000	60,000
Income Before Income taxes				90,000
Income tax expense				27,000
Net Income				$63,000

Additional Information:

A. Cash dividends of $23,000 were declared and paid in 2020.

b. Weighted-average number of shares of common stock outstanding during 2020 was 30,000 shares.

c. Market value of the common stock on December 31, 2020, was $21 per share

Using the financial statements and additional information above, compute the ratios listed on the following page for ABC Company for 2020. Show all computations

1.Current ratio 2.Return on common stockholders equity 3.Price-earnings ratio 4.Acid-test ratio 5.Accounts receivable turnover 6.Times interest earned 7.Profit margin 8.Days in inventory 9.Payout ratio 10.Return on assets