the financial statements of Marin company appear below:

Additional information:

a. cash dividends of $24,000 were declared and paid in 2020.

b. weighted-average number if shares of common stock outstanding during 2020 was 28,000 shares.

c. market value common stock on December 31,2020, was $23 per share.

Using the financial statements and additional information, compute the following ratios for Marin company for 2020.

1. current ratio. _________ :1

2. return on common stockholders' equity

______%

3. price-earnings ratio._________ times

4. accounts receivable turnover ______times

5. times interest earned _______ times

6. profit margin _______ %

7. days in inventory _______days

8. payout ratio ______%

9. return on assets _______%

MARIN COMPANY Comparative Balance Sheet December 31 , Liabilities and stockholders' equity Accounts payable $18.90042.500$30,10093.500 Liabilities and stockholders' equity Accounts payable Short-term notes payable Bonds payable MARIN COMPANY Income Statement For the Year Ended December 31, 2020 Net sales Cost of goods sold Gross profit Expenses Operating expenses Interest expense Total expenses Income before income taxes Income tax expense Yet income $410,000266,500143,500 $45,00018,500