A company's common stock sold for $2.75 per share at the end of this year. The company paid a common stock dividend of $.55 per share this year. It also provided the following data excerpts from this year's financial statements:

	Ending Balance	Beginning Balance
Cash	$35,000	$30,000
Accounts receivable	$60,000	$50,000
Inventory	$55,000	$60,000
Current assets	$150,000	$140,000
Total assets	$450,000	$460,000
Current liabilities	$60,000	$40,000
Total liabilities	$130,000	$120,000
Common stock, $1 par value	$120,000	$120,000
Total stockholders' equity	$320,000	$340,000
Total liabilities and stockholders' equity	$450,000	$460,000

	This Year
Sales (all on account)	$700,000
Cost of goods sold	$400,000
Gross Margin	$300,000
Net operating income	$140,000
Interest expense	$8,000
Net income	$92,400

For each bullet:

1. Name the ratio, provide the formula, then work out the calculations in detail, to provide your overall answer.

2. Then, evaluate the ratio. Is the amount high, low, good for the company, bad for the company etc.?

Liquidity

• What is the amount of working capital and current ratio at the end of this year?

Asset management

• What is the company's operating cycle?

Debt management

• What is the times interest earned ratio?

Profitability

• What is the return on equity?

Market performance

• What is the book value per share at the end of this year?