The financial statements of Ordinary Company appear below:

Additional information:

1. Cash dividends of $50,000 were declared and paid on common stock in 2020.
2. The weighted average number of shares of common stock outstanding during 2020 was 64,000 shares.
3. The market value of the common stock on December 31, 2020, was $15 per share.
4. Net cash provided by operating activities for 2020 was $70,000.

Required:

Using the financial statements and additional information, compute the following ratios for the Ordinary Company for 2020. Show all computations.

1. Current ratio
2. Return on common stockholders' equity
3. Price-earnings ratio
4. 4 Inventory turnover ratio
5. Receivables turnover
6. Times interest earned
7. Profit margin ratio
8. Average days in inventory
9. Payout ratio
10. Return on assets

Thanks for complete answers.

Ordinary Company Comparative Balance Sheet December 31 Assets Cash Marketable securities Accounts receivable (net) Inventory ...... Property, plant and equipment (net) Total assets .... 2020 $ 25,000 20,000 50,000 140,000 170,000 $405,000 2019 $ 40,000 60,000 30,000 170,000 200,000 $500,000 Liabilities and stockholders' equity Accounts payable ............... Short-term notes payable ..... Bonds payable ........ Common stock Retained earnings .... Total liabilities and stockholders' equity... $ 25,000 40,000 75,000 160,000 105,000 $405,000 $ 30,000 90,000 160,000 145,000 75,000 $500,000 ORDINARY COMPANY Income Statement For the Year Ended December 31, 2020 $360,000 184,000 176,000 ... Net sales (all on credit)..... Cost of goods sold Gross profit ............. Expenses Interest expense Selling expenses Administrative expenses Total expenses ....... Income before income taxes Income tax expense Net income $11,000 30,000 20,000 61,000 115,000 35,000 $ 80,000