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Accounts receivable, net 29,400 Income taxes payable 3,700 Notes receivable (trade)* 7,000



Accounts receivable, net








29,400





Income taxes payable








3,700







Notes receivable (trade)*








7,000





Long-term note payable, secured by mortgage on plant assets








67,400







Merchandise inventory








34,150





Common stock








85,000







Prepaid expenses








2,700





Retained earnings








66,750







Plant assets, net








147,300





Total liabilities and equity





$


248,750







Total assets





$


248,750



















* These are short-term notes receivable arising from customer (trade) sales.

Required:

Compute the following: (Do not round interim calculations. Round your answers to 1 decimal place. Omit the "%" sign in your response.)

1.


Current ratio


to

2.


Acid-test ratio


to

3.


Days' sales uncollected


days

4.


Inventory turnover


times

5.


Days' sales in inventory


days

6.


Debt-to-equity ratio


to

7.


Times interest earned


times

8.


Profit margin ratio


%

9.


Total asset turnover


times

10.


Return on total assets


%

11.


Return on common stockholders' equity


%

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