7) a. SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. 7) From the data presented below, calculate the following ratios: rate of return on total assets b. rate of return on common stockholders' equity rate of return on net sales d times-interest-earned ratio debt ratio, December 31, 2009 E. current ratio, December 31, 2009 g. earnings per share of common stock C. e. Net income Total assets, January 1, 2009 Total liabilities, December 31, 2009 Net sales Interest expense Current assets, December 31, 2009 Current liabilities, December 31, 2009 Income tax expense Total assets, December 31, 2009 Stockholders' equity, January 1, 2009 Stockholders' equity, December 31, 2009 Common share outstanding for 2009 $ 70,000 500,000 175,000 900,000 20,000 150,000 75,000 25,000 575,000 300,000 400,000 100,000 3 3