The Roma Company Head quartered in Richmond California manufactures products for the home Exhibit shows the financial statements from the 2007 annual reportThe Roma CompanyStatement of Retained EarningsFor Year Ended December 31 2007(in thousands)Particulars AmountRetained Earnings 1/1/2007 …………………..$115,311.50Add: Net income …………………………………..$32,550.00Less: Dividends …………………………………..$(11,928.00)Retained Earnings 12/31/2007 ……………….$135,933.50RequiredFor 2007, calculate the following ratios2007.
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The Roma Company Head quartered in Richmond California manufactu



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