Use following information to calculate Ratios: At December 11, 2013 pay 522 ALPA Hank terlon 50 150 ch Acconcible Merchandise PE Property and Equipment starring 100 40 20 10 PS Coth Metained wing Toate paty 30.00 Salines limited Income Statement for the warded December 31, 2017 Seles $240 Cost of Goods Sold 144 Gross Profit Open Expenses Salaries $44 Depreciation 50 ce from Options Tere interest Income before Income Taxes Lewcome Net Income 330 Assume that 80% of sales are on credit, that the average of all balance sheet items is equal to the year-end figure, that all preferred share dividends have been paid and the total annual preferred dividend entitlement is $6, and that the number of common shares outstanding is 10. Required: Calculate the following ratios and percentages a. Current ratios b. Return on total assets c. Sales to total assets d. Acid-test ratios e. Times interest earned f. Earnings per common share g. Accounts receivable collection period h. Return on equity Use following information to calculate Ratios: At December 11, 2013 pay 522 ALPA Hank terlon 50 150 ch Acconcible Merchandise PE Property and Equipment starring 100 40 20 10 PS Coth Metained wing Toate paty 30.00 Salines limited Income Statement for the warded December 31, 2017 Seles $240 Cost of Goods Sold 144 Gross Profit Open Expenses Salaries $44 Depreciation 50 ce from Options Tere interest Income before Income Taxes Lewcome Net Income 330 Assume that 80% of sales are on credit, that the average of all balance sheet items is equal to the year-end figure, that all preferred share dividends have been paid and the total annual preferred dividend entitlement is $6, and that the number of common shares outstanding is 10. Required: Calculate the following ratios and percentages a. Current ratios b. Return on total assets c. Sales to total assets d. Acid-test ratios e. Times interest earned f. Earnings per common share g. Accounts receivable collection period h. Return on equity