A condensed balance sheet for Bradford Corporation prepared at the end of the year appears as follows. Assets Liabilities & Stockholders' Equity Cash$119,000 Notes payable (due in 6 months)$48,000 Accounts receivable 120,000 Accounts payable 120,000 Inventory 250,000 Long-term liabilities 376,000 Prepaid expenses 60,000 Capital stock, $5 par 300,000 Plant & equipment (net) 570,000 Retained earnings 365,000 Other assets 90,000 Total$1,209,000 Total$1,209,000

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, so year-end figures may be used rather than averages. a. Compute the current ratio. (Round your answer to 2 decimal places.)

b. Compute the quick ratio. (Round your answer to 2 decimal places.)

c. Compute the working capital.

d. Compute the debt ratio. (Round your percentage answers to the nearest whole percent. i.e. 0.1234 as 12%.)

e. Compute the accounts receivable turnover (all sales were on credit). (Round your answer to 2 decimal places.)

f. Compute the inventory turnover. (Round your answer to 2 decimal places.)

g. Compute the book value per share of capital stock. (Round your answer to 2 decimal places.)