The condensed financial statements of John Cully Company, for the years ended June 30, 2014 and 2013, are presented below.

Compute the following ratios for 2014 and 2013.

(a) Current ratio.

(b) Inventory turnover. (Inventory on 6/30/12 was $599.0.)

(c) Profit margin ratio.

(d) Return on assets. (Assets on 6/30/12 were $3,349.9.)

(e) Return on common stockholders’ equity. (Stockholders’ equity on 6/30/12 was $1,795.9.)

(f) Debt to total assets ratio.
(g) Times interest earned.

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John Cully Company Balance Sheets June 30 Assets Current assets Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses and other current assets Total current assets Property, plant, and equipment (net) Investments Intangibles and other assets Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity-common Total liabilities and stockholders' equity (in thousands) 2014 $ 553.3 776.6 768.3 204.4 2,302.6 694.2 12.3 876.7 $3,885.8 $1,497.7 679.5 1,708.6 $3,885.8 2013 $ 611.6 664.9 653.5 269.2 2,199.2 647.0 12.6 849.3 $3,708.1 $1,322.0 637.1 1,749.0 $3,708.1