A condensed balance sheet for Bradford Corporation prepared at the end of the year appears as follows: Assets | | Liabilities & Stockholders' Equity | Cash | $ | 107,000 | | Notes payable (due in 6 months) | $ | 49,000 | Accounts receivable | | 110,000 | | Accounts payable | | 118,000 | Inventory | | 260,000 | | Long-term liabilities | | 373,000 | Prepaid expenses | | 60,000 | | Capital stock, $5 par | | 300,000 | Plant & equipment (net) | | 570,000 | | Retained earnings | | 357,000 | Other assets | | 90,000 | | | | | | | | | | | | Total | $ | 1,197,000 | | Total | $ | 1,197,000 | 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 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.) | | | | | | | | | | | | | | |