E15-11 Scully Corporation’s comparative balance sheets are presented below.

--------------------------------------------------------------------------------

E15-11 Scully Corporation’s comparative balance sheets are presented below.
SCULLY CORPORATION
Balance Sheets
December 31
2008 2007
Cash $ 4,300 $ 3,700
Accounts receivable 21,200 23,400
Inventory 10,000 7,000
Land 20,000 26,000
Building 70,000 70,000
Accumulated depreciation (15,000) (10,000)
----------------------------------------------------------------------
Total $110,500 $120,100

Accounts payable $ 12,370 $ 31,100
Common stock 75,000 69,000
Retained earnings 23,130 20,000
-------------------------------------------------------------------------
Total $110,500 $120,100

Scully’s 2008 income statement included net sales of $100,000, cost of goods sold of $60,000, and
Net income of $15,000.
Instructions
Compute the following ratios for 2008.

(a) Current ratio.
(b) Acid-test ratio.
(c) Receivables turnover.
(d) Inventory turnover.
(e) Profit margin.
(f) Asset turnover.
(g) Return on assets.
(h) Return on common stockholders equity
(I) Debt to total assets ratio.

Bienta, I would like you to refer to the following link:
https://www.askmehelpdesk.com/accoun...ow-467743.html.

You have posted the same question asked about 6 months back under a different name and you ignored the answer of morgaine300, who takes so much trouble in guiding you on the right path.

I'm curious how you've determined this is the same poster under another name.

But yes, do please check the guidelines for posting homework:
https://www.askmehelpdesk.com/financ...-b-u-font.html