The financial statements of Carla Vista Company appear below: CARLA VISTACOMPANY Comparative Balance Sheet December 31 Assets 2021 2020 Cash $45,000 $60,000 Debt investments 40,000 80,000 Accounts receivable (net) 70,000 50,000 Inventory 160,000 190,000 Property, plant and equipment (net) 206,500 220,000 Total assets $521,500 $600,000 Liabilities and stockholders' equity Accounts payable $45,000 $50,000 Short-term notes payable 60,000 110,000 Bonds payable 95,000 180,000 Common stock 180,000 165,000 Retained earnings 141,500 95,000 Total liabilities and stockholders' equity $521,500 $600,000 CARLA VISTACOMPANY Income Statement For the Year Ended December 31, 2021 Net sales (all on credit) Cost of goods sold Gross profit $480,000 204,000 276,000 Expenses Interest expense $31,000 Selling expenses 50,000 Administrative expenses 40,000 Total expenses 121,000 Income before income taxes 155,000 Income tax expense Net income 53,500 $101,500 a Cash dividends of $55,000 were declared and paid on common stock in 2021. b. The weighted-average number of shares of common stock outstanding during 2021 was 55,000. C The market price of common stock on December 31, 2021, was $16 per share. d. Net cash provided by operating activities for 2021 was $90,000. Using the financial statements and additional information, compute the following ratios for the Carla Vista Company for 2021. (Use 365 days for calculation. Round Inventory turnover answer to 2 decimal places, e.g. 52.72. Other all answers to 1 decimal place, e.g. 52.7.) 1. Current ratio :1 2. Return on common stockholders' equity % 3. Price-earnings ratio times 4. Inventory turnover :1 5. Accounts receivable turnover times 6. Times interest earned times 7. Profit margin % 8. Days in inventory days 9. Payout ratio % 10. Return on assets