= Consider the following company balance sheet and income statement. 37. 38. 39. Job stability Score <1 year 0 1–5 years 25 >5 years 50 Credit history Score No record 0 Missed a payment in last 5 years −15 Met all payments 40 Balance Sheet Assets Liabilities and Equity Cash Accounts receivable Inventory Total current assets Fixed assets Total assets $ 4,000 52,000 40,000 96,000 44,000 $140,000 Accounts payable Notes payable Total current liabilities Long-term debt Equity Total liabilities and equity $ 30,000 12,000 42,000 36,000 62,000 $140,000 Income Statement Sales (all on credit) Cost of goods sold Gross margin Selling and administrative expenses Depreciation EBIT Interest expense Earning before tax Taxes Net income $200,000 130,000 70,000 20,000 8,000 42,000 4,800 37,200 11,160 $ 26,040 For this company, calculate the following:

a. Current ratio.

b. Number of days’ sales in receivables.

c. Sales to total assets.

d. Number of days in inventory.

e. Debt ratio.

f. Cash flow debt ratio. g. Return on assets. h. Return on equity.