4. Harrisonburg Company had current and total assets of $470,000 and $1,000,000, respectively. The companys current and total liabilities were $267,000 and $600,000, respectively.

Calculate the amount of working capital and the current ratio using this information. (Round your current ratio answer to 2 decimal places.)

6. Jarman Company had current and noncurrent liabilities of $50,000 and $160,000, respectively. The companys current assets were $76,000, out of a total asset figure of $457,000.

Calculate the company's debt ratio. (Round your percentage value answer to 1 decimal place, i.e. 0.1234 as 12.3%.)

7. Lone Star, Inc., reported sales of $560,000, cost of sales of $255,000, and operating expenses of $130,000 for the current year.

Calculate the amount of net income and net income as a percentage of sales. (Round your percentage value answer to 1 decimal place, i.e. 0.1234 as 12.3%.)

8. Multi-Star, Inc., had sales of $890,000, cost of sales and operating expenses of $450,000 and $225,000, respectively, and 10,000 shares of common stock outstanding.

Calculate the amount of earnings per share. (Round your answer to 2 decimal place.)

9. Flanders Companys operating income for the current year was $475,000. The companys average total assets for the same period were $3,500,000, and its total liabilities were $1,000,000.

Calculate the company's return on assets. (Round your percentage value answer to 1 decimal place, i.e. 0.1234 as 12.3%.)

10. Prince Company had net income of $45,500 in a year when its stockholders equity averaged $450,000 and its total assets averaged $2,500,000.

Calculate the company's return on equity for the period. (Round your percentage value answer to 1 decimal place, i.e. 0.1234 as 12.3%.)