A condensed balance sheet for Bradford Corporation Prepared at the end of the year appears as follows: Assets Liabilities & Stockholders' Equity Cash........................................... $ 118,000 Notes payable (due in Accounts receivable............... 150,000 6 months)........................... $ 45,000 Inventory................................. 260,000 Accounts payable.................. 87,000 Prepaid expenses................... 60,000 Long-term liabilities............. 326,000 Plant & equipment (net)....... 570,000 Capital stock, $ 5 par............ 300,000 Other assets............................. 90,000 Retained earnings................. 490,000 Total.......................................... $ 1,248,000 Total........................................ $ 1,248,000

During the year the company earned a gross profit of $ 1,116,000 on sales of $ 2,950,000. Accounts receivable, inventory and plant assets remained almost constant in amount throughout the year. Compute the following: a. Current ratio. b. Quick ratio. c. Working capital. d. Debt ratio. e. Accounts receivable turnover (all sales were on credit). f. Inventory turnover. g. Book value per share of capital stock.