number 1 through 10

Using the information on the financial statements on the following two page, calculate the ratios below. 1. Return on assets (ROA)=(4 points ) 2. Return on (stockholders') equity (ROE)=(4 points) 3. Current ratio =(2 points ) 4. Acid-test ratio (=quick ratio )=(4 points ) 5. Cash ratio =(3 points) 6. Inventory turnover ratio = ( 4 points ) 7. Accounts receivable turnover ratio =(4 points ) 8. Times interest carned ratio =(2 points ) 9. Accounts payable turnover ratio =(4 points ) (This ratio measures how fast the company pays their accounts payable. The higher the ratio, the faster the company pays their credit purchases. When the company carries small accounts payable on average, compared to credit purchases, it means the company pays their credit purchases fast.) The company had credit purchases of $740,000 for the current year. 10. Working capital = Current assets Current liabilities (2 points) (This is the amount of capital the company can operate or work with for the current period after paying current liabilities with current assets.)