Use the following information from the current year financial statements of a company to calculate the ratios below, rounding to two decimal places:

(a) Current ratio.

(b) Quick ratio.

(c) Working Capital (amount).

(d) Accounts receivable turnover. (Assume the prior year's accounts receivable balance was $100,000.)

(e) Days' sales uncollected.

(f) Inventory turnover. (Assume the prior year's inventory was $50,200.)

(g) Times interest earned ratio.

(h) Return on common stockholders' equity. (Assume the prior year's common stock balance was $480,000 and the retained earnings balance was $128,000.)

(i) Profit margin.

(j) Gross margin ratio.

Income statement data:

Sales (all on credit) $1,075,000

Cost of goods sold 575,000

Gross profit on sales $ 500,000

Operating expenses 305,000

Operating income $ 195,000

Interest expense 20,400

Income before taxes $ 174,600 I

ncome taxes 74,000

Net income $ 100,600

Balance sheet data:

Cash $ 38,400

Accounts receivable 120,000

Inventory 56,700

Prepaid Expenses 24,000

Total current assets $239,100

Total plant assets 708,900

Total assets $948,000

Accounts payable $ 91,200

Interest payable 4,800

Long-term liabilities 204,000

Total liabilities $300,000

Common stock, $10 par 480,000

Retained earnings 168,000

Total liabilities and equity $948,000