The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc. common stock was $64 on December 31, 2014.

Blige Inc.
Comparative Retained Earnings Statement
For the Years Ended December 31, 2014 and 2013
			2014		2013
Retained earnings, January 1			$4,485,650		$3,778,950
Add net income for year			1,036,000		774,000
Total			$5,521,650		$4,552,950
Deduct dividends
	On preferred stock		$13,300		$13,300
	On common stock		54,000		54,000
		Total	$67,300		$67,300
Retained earnings, December 31			$5,454,350		$4,485,650

Blige Inc.
Comparative Income Statement
For the Years Ended December 31, 2014 and 2013
	2014		2013
Sales	$5,579,775		$5,133,400
Sales returns and allowances	27,760		18,040
Net sales	$5,552,015		$5,115,360
Cost of goods sold	2,195,110		2,019,500
Gross profit	$3,356,905		$3,095,860
Selling expenses	$1,019,990		$1,309,390
Administrative expenses	868,885		769,010
Total operating expenses	1,888,875		2,078,400
Income from operations	$1,468,030		$1,017,460
Other income	77,270		64,940
	$1,545,300		$1,082,400
Other expense (interest)	368,000		202,400
Income before income tax	$1,177,300		$880,000
Income tax expense	141,300		106,000
Net income	$1,036,000		$774,000

Blige Inc.
Comparative Balance Sheet
December 31, 2014 and 2013
			Dec. 31, 2014		Dec. 31, 2013
Assets
Current assets
	Cash		$945,920		$1,000,920
	Temporary investments		1,431,660		1,658,680
	Accounts receivable (net)		1,080,400		1,014,700
	Inventories		803,000		613,200
	Prepaid expenses		178,956		200,180
		Total current assets	$4,439,936		$4,487,680
Long-term investments			2,591,894		661,881
Property, plant, and equipment (net)			6,440,000		5,796,000
Total assets			$13,471,830		$10,945,561
Liabilities
Current liabilities			$1,387,480		$1,899,911
Long-term liabilities
	Mortgage note payable, 8%, due 2019		$2,070,000		$0
	Bonds payable, 8%, due 2015		2,530,000		2,530,000
		Total long-term liabilities	$4,600,000		$2,530,000
Total liabilities			$5,987,480		$4,429,911
Stockholders' Equity
Preferred $0.70 stock, $50 par			$950,000		$950,000
Common stock, $10 par			1,080,000		1,080,000
Retained earnings			5,454,350		4,485,650
	Total stockholders' equity		$7,484,350		$6,515,650
Total liabilities and stockholders' equity			$13,471,830		$10,945,561

Required:

Determine the following measures for 2014, rounding to one decimal place, except for dollar amounts, which should be rounded to the nearest cent. Use the rounded answer of the requirement for subsequent requirement, if required. Assume 365 days a year.

1. Working capital	$
2. Current ratio
3. Quick ratio
4. Accounts receivable turnover
5. Number of days' sales in receivables		days
6. Inventory turnover
7. Number of days' sales in inventory		days
8. Ratio of fixed assets to long-term liabilities
9. Ratio of liabilities to stockholders' equity
10. Number of times interest charges are earned
11. Number of times preferred dividends are earned
12. Ratio of net sales to assets
13. Rate earned on total assets		%
14. Rate earned on stockholders' equity		%
15. Rate earned on common stockholders' equity		%
16. Earnings per share on common stock	$
17. Price-earnings ratio
18. Dividends per share of common stock	$
19. Dividend yield		%