Use the following information from the current year financial statements of a company to calculate the ratios indicated below. Use the attached sheet. Show your calculation in detail. Liquidity & Efficiency (a) Current ratio. (6) Accounts receivable tumover. (Assume the prior year's accounts receivable balance was $100,000.) (c) Days' sales uncollected. (d) Inventory turnover. (Assume the prior year's inventory was $50,200.) Solvency (c) Times interest carned ratio. Profitability Retum on common stockholders' equity. (Assume the prior year's common stock balance was $480,000 and the retained carings balance was $128,000.) (8) Earnings per share (assuming the corporation only has common stock outstanding). Market Prospects (h) Price carnings ratio. (Assume the company's stock is selling for $26 per share.) Divided yield ratio. (Assume that the company paid $1.25 per share in cash dividends.) Income statement data: Sales (all on credit) 1,075,000 Cost of goods sold (575,000) Gross profit on sales 500,000 Operating expenses (305,000) Operating income 195,000 Interest expense (20,400) Income before taxes 174,600 Income taxes (74,000) Net income 100,600 Balance sheet data: Cash Accounts receivable Inventory Prepaid Expenses Total current assets Total plant assets Total assets 38,400 120,000 56,700 24,000 239,100 708,900 948.000 Accounts payable Interest payable Long-term liabilities Total liabilities 91,200 4,800 204,000 300,000 Common stock, $10 par Retained camings Total liabilities and equity 480,000 168,000 948.000