A condensed balance sheet for Bradford Corporation prepared at the end of the year appears as follows.

Assets

Cash

Accounts receivable

Inventory

Prepaid expenses

Plant & equipment (net)

Other assets

Total

$ 106,000

160,000

260,000

60,000

570,000

90900

$1,246.1000

Liabilities & Stockholders' Equity

Notes payable (due in 6 months)

Accounts payable

Long-term liabilities

Capital stock, $5 par

Retained earnings

42,000

112,000

323,000

300,000

469,000

Total

$1,246,000

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.

1. Compute the current ratio. (Round your answer to 2 decimal place.)
2. Compute the quick ratio. (Round your answer to 2 decimal place.)
3. Compute the working capital.
4. Compute the debt ratio. (Round your percentage answers to nearest whole percent. i.e. 0.1234 as 12%.)
5. Compute the accounts receivable turnover (all sales were on credit). (Round your answer to 2 decimal places.)
6. Compute the inventory turnover. (Round your answer to 2 decimal places.)
7. Compute the book value per share of capital stock. (Round your answer to 2 decimal places.)