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The following data is available for Donald Company: Credit Sales$1,702 Net Income$112 Total Current Assets$366 Total Current Liabilities$226 Accounts Receivable, current year$160 Accounts Receivable, prior

The following data is available for Donald Company:

Credit Sales$1,702

Net Income$112

Total Current Assets$366

Total Current Liabilities$226

Accounts Receivable, current year$160

Accounts Receivable, prior year$156

Total Stockholders' Equity, current year$550

Total Stockholders' Equity, prior year$500

Retained Earnings, current year$366

Retained Earnings, prior year346

Market price per share$50

Number of Common Shares Outstanding46

Required:

Compute the following ratios:

A) current ratio

B) average collection period in days

C) return on stockholders' equity

D) price-earnings ratio

E) dividend yield

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