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. (b) Accounts receivable turnover. (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 (e) Times interest earned ratio. Profitability (f) Return on common stockholders' equity. (Assume the prior year's common stock balance was $480,000 and the retained earnings balance was $128,000.) (g) Earnings per share (assuming the corporation only has common stock outstanding). Market Prospects (h) Price earnings ratio. (Assume the company's stock is selling for $26 per share.) (1) Divided yield ratio. (Assume that the company paid $1.25 per share in cash dividends.) Income statement data: Sales (all on credit) Cost of goods sold Gross profit on sales 1,075,000 (575,000 500,000 (305,000 195,000 Operating expenses Operating income Interest expense Income before taxes (20,400 174,600 Income taxes Net income (74,000) 100,600 Balance sheet data: Cash Accounts receivable Inventory Prepaid Expenses Total current assets 38,400 120,000 56,700 24,000 239,100 Total plant assets Total assets 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 earnings Total liabilities and equity 480,000 168,000 948,000