Calculate the following ratios for 2014 and 2015. When data limitations prohibit computing averages, use year-end balances in your calculations.

Revenues Net sales Other revenues $210,000 $175,000 5,000 4,000 Total revenues 214,000 180,000 Expenses Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense 126,000 21,000 11,000 3,000 21,000 103,000 19,000 10,000 3,000 18,000 Total expenses 182,000 153,000 Earnings from continuing operations 32,000 4,000 27,000 before extraordinary items Extraordinary gain (net of $3,000 tax) Net income $ 36,000 $ 27,000 Assets Current assets Cash Marketable securities Accounts receivable Inventories Prepaid expenses $ 4,000 $ 8,000 1,000 32,000 96,000 2,000 1,000 35,000 100,000 3,000 143,000 105,000 20,000 Total current assets 139,000 105,000 Plant and equipment (net) Intangibles Total assets $268,000 $244,000 Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Other $ 40,000 17,000 54,000 15,000 Total current liabilities Bonds payable 57,000 66,000 69,000 67,000 Total liabilities 123,000 136,000 Stockholders' equity Common stock (50,000 shares) 115,000 30,000 115,000 (7,000) 108,000 $268.000 $244.000 etained earnings Total stockholders' equity 145,000 Total liabilities and stackholders' equity and stokhalders