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Tutti Frutti Company reported the following data in its financial statements for 2020: Current liabilities .........$40,000 Interest expense...............$10,000 Long-term liabilities.........90,000Income tax expense.............40,000 Stockholders' equity.......80,000Net Income...............

Tutti Frutti Company reported the following data in its financial statements for 2020:

Current liabilities .........$40,000 Interest expense...............$10,000

Long-term liabilities.........90,000Income tax expense.............40,000

Stockholders' equity.......80,000Net Income............... ........50,000

10,000 shares of stock are issued & outstanding.The market price of the stock is $55.

Compute the following:

Debt to total assets ratio

Return on assets ratio

Times interest earned ratio

Earnings per share

Price-earnings ratio

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