Question: I need help with solving the below questions: Problem 1 Solve the given problem based on the following scenario. Crouch Corp_'s balance sheet and income

I need help with solving the below questions:

I need help with solving the below questions: Problem 1 Solve thegiven problem based on the following scenario. Crouch Corp_'s balance sheet and

Problem 1 Solve the given problem based on the following scenario. Crouch Corp_'s balance sheet and income statement, including all credit sales, are given in the table below. As of December 31, 2616: ' Inventories were $15,660. ' Total assets were $85,410. ' Common stock was $31,950. ' Retained earnings were $1 1,430. Crouch Corp. lnemne Statement {December 31. 2617} Sales Cost of goods sold Gross profit Operating expenses Interest expenses Income before taxes Taxes [at 26%) Net income Crouch Corp. Balance Sheet {December 31. 2017} hml Liability and Equity ml Accounts payable Shortterm investment , Accrued wages payable Accounts receivable , Income taxes payable Notes receivable , Notes payable [longterm) Inventory Common stock Prepaid expenses Retained eamings Plant Total assets. , Total liability and equity Compute the following and show your work. Ratio Calculation Current ratio Days' sales uncollected Days' sales in inventory Times interest earned Total asset turnover Return on common stockholders' equity Acid-test ratio Inventory turnover Debt-to-equity ratio Profit margin ratio Return on total assets

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