Use the Following Information to Calculate the Ratios Requested Below

Use the following information to calculate the ratios requested below. Round answers to two decimal places. Show your work.
$$\begin{array} { l r r } \text { Average inventory } & \$ 6,000 \\\text { Average total assets } & 80,000 \\\text { Cost of goods sold } & 21,000 \\\text { Income taxes expense } & 3,600 \\\text { Interest expense } & 2,000 \\\text { Net income } & 4,800 \\\text { Net sales } & 40,000 \\\text { Market price, December } 31 \text {, on } 2,000 \text { shares } & \$ 36 / \text { share }\end{array}$$ $\begin{array}{|l|l|l|l|}\hline\text { Return on assets } & & \text { Inventory turnover }& \\\hline \text { Price/earings }(\mathrm{P} / \mathrm{E}) \text { ratio } & & \text { Interest coverage ratio }& \\\hline & &&\\\hline\end{array}$