Question: Selected year-end financial statements of McCord Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2010, were inventory, $32,400; total assets, $182,400; common stock, $90,000; and retained earnings, $31,300.)
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.