(PHOENIX) The total assets turnover ratio for 2012 is (rounded):  (PHOENIX) If there is no preferred stock, the return on common equity for 2012 is (rounded):  (PHOENIX) If there is no preferred stock, the common earnings leverage for 2012 is (rounded):  (PHOENIX) If there is no preferred stock, the financial structure leverage for 2012 is (rounded):  (PHOENIX) The current ratio for 2012 is (rounded):  (PHOENIX) The quick ratio for 2012 is (rounded): (Assume that total current assets include cash, marketable securities, accounts receivable and inventory)

1.  (PHOENIX) The total assets turnover ratio for 2012 is (rounded):

C. 2.2 times

2. (PHOENIX) If there is no preferred stock, the return on common equity for 2012 is (rounded):

B. 27.9%

3. (PHOENIX) If there is no preferred stock, the common earnings leverage for 2012 is (rounded):

B. 94.8%

4. (PHOENIX) If there is no preferred stock, the financial structure leverage for 2012 is (rounded):

C. 1.66 times

5. (PHOENIX) The current ratio for 2012 is (rounded):

C. 2.7 to 1

6. (PHOENIX) The quick ratio for 2012 is (rounded):
   (Assume that total current assets include cash, marketable securities, accounts receivable and inventory).

B. 1.4 to 1

7. (PHOENIX) The accounts receivable turnover for 2012 is (rounded):
   (Assume all sales are on account.)

C. 6.6 times

8. (PHOENIX) The days receivable outstanding for 2012 is (rounded):

B. 55 days

9. (PHOENIX) The inventory turnover for 2012 is (rounded):

C. 3.45 times

10. (PHOENIX) The days inventory held for 2012 is (rounded):

B. 106 days.