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A condensed balance sheet for Bradford Corporation prepared at the end of the year appears as follows: Assets Liabilities & Stockholders' Equity Cash $ 100,000

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

Assets Liabilities & Stockholders' Equity
Cash $ 100,000 Notes payable (due in 6 months) $ 41,000
Accounts receivable 140,000 Accounts payable 125,000
Inventory 280,000 Long-term liabilities 357,000
Prepaid expenses 60,000 Capital stock, $6 par 300,000
Plant and equipment (net) 570,000 Retained earnings 417,000
Other assets 90,000
Total $ 1,240,000 Total $ 1,240,000

Required:

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.

Compute the current ratio.

Note: Round your answer to 2 decimal place.

Compute the quick ratio.

Note: Round your answer to 2 decimal place.

Compute the working capital.

Compute the debt ratio.

Note: Round your percentage answer to nearest whole percent. i.e. 0.1234 as 12%.

Compute the accounts receivable turnover (all sales were on credit).

Note: Round your answer to 2 decimal places.

Compute the inventory turnover.

Note: Round your answer to 2 decimal places.

Compute the book value per share of capital stock.

Note: Round your answer to 2 decimal places.

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