(Solution) - RATIO ANALYSIS OF COMPARATIVE FINANCIAL STATEMENTS Refer to the financial -(2025 Original AI-Free Solution)

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RATIO ANALYSIS OF COMPARATIVE FINANCIAL STATEMENTS Refer to the financial statements in Problem 24-8A.
REQUIRED
Calculate the following ratios and amounts for 20-1 and 20-2 (round all calculations to two decimal places):
(a) Return on assets (Total assets on January 1, 20-1, were $175,750.)
(b) Return on common stockholders? equity (Total common stockholders? equity on
January 1, 20-1, was $106,944.)
(c) Earnings per share of common stock (The average numbers of shares outstanding were 8,400 shares in 20-1 and 9,200 in 20-2.)
(d) Book value per share of common stock
(e) Quick ratio
(f) Current ratio
(g) Working capital
(h) Receivables turnover (Net receivables on January 1, 20-1, were $39,800.)
(i) Merchandise inventory turnover (Merchandise inventory on January 1, 20-1, was $48,970.)
(j) Debt-to-equity ratio
(k) Asset turnover (Assets on January 1, 20-1, were $175,750.)
(l) Times interest earned ratio
(m) Profit margin ratio
(n) Assets-to-equity ratio
(o) Price-earnings ratio (The market price of the common stock was $100.00 and $85.00 on December 31, 20-2 and 20-1, respectively.)