Using the financial statements and additional information, compute the following ratios for Hampton Company for 2019. Show all computations.

The financial statements of Hampton Company appear below Hampton Company Comparative Balance Sheet December 31, 2018 40,000 60,000 30,000 70,000 00,000 ASSETS 2019 ash $35,000 15,000 50,000 50,000 250,000 400,000 Short-term investments ccounts receivables nventory Property, plant & equip (net) Total assets 500,000 Time left 2:50:24 LIAB & Stockholders Equity Accounts payable Short-term notes payable Bonds payable Common stock Retained earnings 10,000 40,000 88,000 30,000 90,000 160,000 145,000 75,000 500,000 102,000 Total Liab & SE 400,000 Hampton Company Income Statement For the year ended December 31, 2019 et Sales ost of Goods Sold ross Profit xpenses Interest Expense Selling Expense Admin. Expense 360,000 162,000 12,000 40,000 59,000 Total Expense ncome before income taxes 51,000 ncome tax expense Net Income 36 Additional Information: a. Cash dividends of $9,000 were declared and paid in 2019 b. Weighted Average number of shares of common stock outstanding during 2019 was 30,000 shares. c. Market value of common stock on December 31,2019 was $21 per share. Instructions Using the financial statements and additional information, compute the following ratios for Hampton Company for 2019. Show all computations. . Current ratio: 2. Return on Common stockholders equity 3. Price-earnings ratio . Acid-test ratio 5. Receivables turnover_ 6. Tlmes interest earned 7. Profit margin 8. Days in inventory 9. Payout ratio 10. Return on assets