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

Toulouse Co.

Lautrec Co.

Assets

Cash

$124,000

$335,000

Receivables

214,000

305,000

Inventories

589,000

523,000Total current assets

927,000

1,163,000

Other assets

482,000

582,000Total assets

$1,409,000

$1,745,000

Liabilities and Stockholders' Equity

Current liabilities

$301,000

$368,000

Long-term liabilities

409,000

482,000

Capital stock and retained earnings

699,000

895,000Total liabilities and stockholders' equity

$1,409,000

$1,745,000Annual sales

$946,000

$1,559,000

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

: 1

: 1Acid-test ratio

: 1

: 1Accounts receivable turnover

times

timesInventory turnover

times

timesCash to current liabilities

: 1

: 1