Calculate the current ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $$3,010; supplies =$927; equipment =$62,150; accumulated depreciation = $13,750; accounts payable = $28,000. Round to two decimals.

Chapter 3 - Financial Ratios Practical Analysis 1. Calculate the working capital ratio based on the following information: cash = $14,870; accounts receivable =$22,108: prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = $13,750; accounts payable = 28,000. 2. Calculate the current ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $$3,010; supplies =$927; equipment =$62,150; accumulated depreciation = $13,750; accounts payable = $28,000. Round to two decimals. 3. Calculate the quick ratio based on the following information; cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies =$927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000. Round two decimal places. 4. Calculate the debt ratio based on the following information: cash = $14,870; accounts receivable $22,108; prepaid $3,010; supplies = 927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000. Round to two decimal places. 5. Calculate the debt to equity ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000. Round to two decimal places. 6. Calculate the debt equity ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = $13,750; accounts payable = 28,000. Round to two decimal places. 7. Calculate the times interest earned ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000; net sales = $325,000; interest expense $6,000; tax expense = $12,600; earnings before interest and taxes = $122,623. Round to two decimal places. 8. Calculate the earnings per share based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000; net sales = $325,000; interest expense $6,000; tax expense = $12,600; earnings before interest and taxes = $122,623; number of shares outstanding = 335,000. Round to two decimal places. 9. Calculate the profit margin ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000; net sales = $325,000; interest expense $6,000; tax expense = $12,600; earnings before interest and taxes = $122,623; number of shares outstanding = $335,000. Round to two decimal places. 10. Calculate the return on total assets ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $ 927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable 28,000; net sales = $325,000; interest expense $6,000; tax expense = $12,600; earnings before interest and taxes = $122,623; number of shares outstanding = 335,000. Round to two decimal places and assume this is the first year of operations