As loan analyst for Sheridan Bank, you have been presented the following information.

		Toulouse Co.			Lautrec Co.
Assets
Cash		$114,000			$333,000
Receivables		225,000			311,000
Inventories		553,000			496,000
Total current assets		892,000			1,140,000
Other assets		484,000			601,000
Total assets		$1,376,000			$1,741,000
Liabilities and Stockholders Equity
Current liabilities		$316,000			$365,000
Long-term liabilities		405,000			484,000
Capital stock and retained earnings		655,000			892,000
Total liabilities and stockholders equity		$1,376,000			$1,741,000
Annual sales		$901,000			$1,490,000
Rate of gross profit on sales		30	%		40	%

Each of these companies has requested a loan of $50,000 for 6 months with no collateral offered. Because your bank has reached its quota for loans of this type, only one of these requests is to be granted. Compute the various ratios for each company. (Round answer to 2 decimal places, e.g. 2.25.)

		Toulouse Co.			Lautrec Co.
Current ratio		enter the ratio rounded to 2 decimal places	: 1		enter the ratio rounded to 2 decimal places	: 1
Acid-test ratio		enter the ratio rounded to 2 decimal places	: 1		enter the ratio rounded to 2 decimal places	: 1
Accounts receivable turnover		enter the accounts receivable turnover rounded to 2 decimal places	times		enter the accounts receivable turnover rounded to 2 decimal places	times
Inventory turnover		enter the inventory turnover rounded to 2 decimal places	times		enter the inventory turnover rounded to 2 decimal places	times
Cash to current liabilities		enter the ratio rounded to 2 decimal places	: 1		enter the ratio rounded to 2 decimal places	: 1

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