Based upon the following/attached information please review the attached ratio calculations. I am having difficulty identifying the specific items on the income statement related to the ratio calculations. Please determine the following ratios and explain your answers for review:
1. Earnings per share of common stock.
2. Price-earnings ratio.
3. Dividend payout ratio.
4. Dividend yield ratio.
5. Return on total assets.
6. Return on common stockholders' equity.
7. Current ratio.
8. Acid-test (quick) ratio.
The solution explains how to calculate the required ratios.