The financial statements of Pina Colada Company appear below: PINA COLADA COMPANY Comparative Balance Sheet December 31 2022 2021 $ 23,300 22,000 44,300 $ 42,100 61,300 26,300 146,000 217,000 $492,700 153,000 176,000 $418,600 Assets Cash Debt investments Accounts receivable (net) Inventory Property, plant and equipment (net) Total assets Liabilities and stockholders' equity. Accounts payable Short-term notes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 26,700 34,500 70,700 169,700 117,000 $418,600 $ 32,700 98,700 145,100 137,800 78,400 $492,700 $375,000 192,000 183,000 PINA COLADA COMPANY Income Statement For the Year Ended December 31, 2022 Net sales (all on credit) Cost of goods sold Gross profit Expenses Interest expense $9,500 Selling expenses 33,000 Administrative expenses 18,000 Total expenses Income before income taxes 60,500 122,500 Income tax expense 32,800 $ 89,700 Net income Additional information: a. b. Cash dividends of $56,400 were declared and paid on common stock in 2022. Weighted average number of shares of common stock outstanding during 2022 was 56,400 shares. Market price of common stock on December 31, 2022, was $12 per share. Net cash provided by operating activities for 2022 was $74,600. C. d. Using the financial statements and additional information, compute the following ratios for the Pina Colada Company for 2022. (Round all answers to 2 decimal places, e.g. 1.83 or 12.61%.) 1. Current ratio :1 2. Return on common stockholders' equity % 3. Price-earnings ratio times 4. Inventory turnover times 5. Accounts receivable turnover times 6. Times interest earned times 7. Profit margin % 8. Average days in inventory days 9. Payout ratio % 10. Return on assets %