The following information is for the year 2012 for Millard Company and Grantsville Company, which are in the same industry:

Required:
Compute the following:
1. Current ratio
2. Debt ratio
3. Return on sales
4. Asset turnover
5. Return on equity
6. Price-earningsratio

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Millard Grantsville $30,000 $55,000 $15,000 $20,000 S90,000 $160,000 $80,000 S130,000 Current assets Long-term assets Current liabilities. Long-term liabilities. $850,000 $15,000 Sales. $250,000 $7,500 Net income $15 6,000 shares $50 3,000 shares Market price per share Number of shares outstanding.