The Financial Statements for the Ozzie Company Are Presented Below $\begin{array}{lr}\text { Inventory } & \$ 48,000 \\\text { Total assets } & 260,000 \\\text { Total stockholders' equity } & 157,200\end{array}$

Essay

The financial statements for the Ozzie Company are presented below.
The common stock was outstanding the entire year and is selling for $28 per share at year-end.The company has declared and paid dividends of $4.00 per share for the year.The income tax rate is 40%.Assume a business year of 360 days.Balances for certain items at December 31, 2010, were:
$\begin{array}{lr}\text { Inventory } & \$ 48,000 \\\text { Total assets } & 260,000 \\\text { Total stockholders' equity } & 157,200\end{array}$
Required:
Based on the data provided for Ozzie Company, compute the following ratios for 2011:
$\begin{array}{ll}\text { a. } & \text { price/e arrings } \\\text { b. } & \text { dividend yield } \\\text { c. } & \text { profit margin } \\\text { d. } & \text { return on total as sets } \\\text { e. } & \text { current } \\\text { f. } & \text { inventory turnover } \\\text { g. } & \text { debt }\end{array}$