Selected year-end financial statements of Overland Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2010, were inventory, $16,400; total assets, $95,900; common stock, $41,500; and retained earnings, $19,800.)

Required
Compute the following:
(1) Current ratio,
(2) Acid-test ratio,
(3) Days’ sales uncollected,
(4) Inventory turnover,
(5) Days’ sales in inventory,
(6) Debt-to-equity ratio,
(7) Times interest earned,
(8) Profit margin ratio,
(9) Total asset turnover,
(10) Return on total assets, and
(11) Return on common stockholders’ equity.

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OVERLAND CORPORATION Income Statement For Year Ended Decenber 31,2011 Cost of goods sold . . . . Gross profit Operating expenses . ..50.200 Interest expense income before taxes.... 28,000 Income taxes . . . Net income $215,500 79.400 1.200 2.200 25,800 OVERLAND CORPORATION Balance Sheet December 31,2011 Liabilities and Equity Cash 5.900 Accrued wages payable 11,100 Income taxes 2000 Long-term note payable, secured 12,500 by mortgage on plant assets 1000 Common stock, $5 par value 2.300 600 Accounts receivable, net. Notes receivable (trade) 25,000 41,000 Prepaid expensesPAN Plant assets, net Retained earnings $10,500 Total liabilities and equity $110,500