The comparative statements of Villa Tool Company are presented below and on the shown below.

Instructions
Compute the following ratios for 2012. (Weighted-average ordinary shares in 2012 were 57,000, and all sales were on accounts.)
(a) Earnings per share.
(b) Return on ordinary shareholders’ equity.
(c) Return on assets.
(d) Current.
(e) Acid-test.
(f) Receivables turnover.
(g) Inventory turnover.
(h) Times interest earned.
(i) Asset turnover.
(j) Debt to totalassets.

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VILLA TOOL COMPANY Income Statements For the Years Ended December 31 2012 2011 Net sales Cost of goods sold Gross profit Selling and administrative cxpensc Income from operations Interest expense Income before ncome taxes Income tax expense Net income R$1.818,500 1,011,500 807,000 516,000 291,000 18,000 273,000 81,000 R$ 192,000 R$1.750,500 996,000 754,500 479,000 275,500 14,000 261.500 77,000 R$ 184,500 VILLA TOOL COMPANY Statements of Financial Position December 31 Assets 2012 2011 Plant assets (net) Current assets R$600,300 R$520,300 Inventory Accounts receivable (net) Short-term investments Cash 115,500 102.800 50,000 64.200 332.500 R$970,200 R$852,800 123.000 117.800 69,000 60.100 369,900 Total current assets Total assets Equity and Liabilities Equity R$280,000 RS300,000 165.400 65.400 200,000 Share capitalordinary (RS5 par) Rctaincd carnings 286,700 566,700 Total equity Bonds payable Current liabilities 200,000 Accounts payable Income taxes payable 145.400 42,000 187.400 387.400 R$970,200 R$852.800 160,000 43.500 203,500 403,500 Total current liabilities Total abilities Total equity and liabilities