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this is all one question Below are ABC Corporation's balance sheet and income statement for the current year-end. (All sales were on credit; selected balance

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Below are ABC Corporation's balance sheet and income statement for the current year-end. (All sales were on credit; selected balance sheet amounts at December 31 of the prior year were inventory, $47,900; total assets. $199.400, common stock, $86,000, and retained earnings. $39719.) ABC CORPORATION Balance Sheet December 31 Assets Liabilities and Equity Cash $ 18,000 Accounts payable $ 18,500 Short-term investiments 9,200 Accrued wages payable 3,689 Accounts receivable, net 38,200 Income taxes payable 3,900 Merchandise inventory 34, 150 Long-term note payable, secured by 64,480 mortgage on plant assets Prepaid expenses 2,650 Common stock 86,800 plant assets, net 153,300 Retained earnings 71,180 Total assets $ 247,580 Total liabilities and equity 5 247,500 ABC CORPORATION Income Statement For Current Year Ended December 31 Sales $ 454,600 Cost of goods sold 298,450 Gross profit 156, 150 Operating expenses 99,288 Interest expense 4.400 Income before taxes 52,550 Income tax expense 21:169 Net Income $ 31.381 Required: Compute the following: (1) current ratio, (2) acid-test ratio, (3) days sales uncollected, (4) Inventory turnover. (5) days' sales in Inventory (6) debt-to-equity ratio. (7) times interest eamed. (8) profit margin ratio, (9) total asset tumover, (10} return on total assets, and my return on common stockholders' equity. (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Real and 2 Reaa Pog Rea Reg 6 RO RO Reus Reko Reg! Compute the current ratio and acid-test ratio Compute the current ratio and acid-test ratio. Choose Numerator: Current Ratio Choose Denominator: Current Ratio Current ratio 11 to 1 Choose Numerator Acid Test Ratio Choose Denominator: Acid-Test Ratio Acid-Test Ratio to 1 Reg 3 > Compute the days' sales uncollected Choco Des Uncollected Choose Dominator * Days = Days Sencollected Days les collected Compute the inventory turnover Choose Numerator Choose Denominatar tory Tumorer Levery tumover times Compute the days sin inventory Choose Choose Densitor Day - Daya Compute the debt-to-equity ratio. Debiuty Ratio Deguity to Compute the times interest earned. Chow Denominator Time in Times interesteamed Compute the profit margin ratio Prell Mini Rite - Profi mga tao R? H) Compute the total asset tumover Tove Times Compute the return on total Chat Choose Porno Retem on total Comote the return on common stockholders' equity hc 6 LCH Return on on stockholders equity

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