Calculate the ratios listed below:
(A) Quick ratio.
(B) Return on common shareholders' equity. Assume the beginning of year common shares balance was $180,000 and retained earnings was $128,000.
(C) Earnings per share (assume Caresful Corp's average common shares outstanding is 50,000).
(D) Price-earnings ratio. Assume the company's shares are selling for $26 per share.
(E) Days' Sales in Inventory.

	Sales (all on credit)			$1,450,000
	Cost of goods sold			1,050,000
	Gross profit on sales			$400,000
	Operating expenses			265,000
	Operating income			$135,000
	Interest expense			5,300
	Income before taxes			$129,700
	Income tax expense			45,395
	Profit			$84,305

Cash			$28,500
Marketable securities			122,000
Accounts receivable (net)			52,300
Prepaid insurance			5,000
Merchandise inventory			38,000
Plant Assets (net)			143,000
Total Assets			$388,800
Accounts payable			$81,300
Interest payable			2,800
Common shares			126,200
Retained earnings			178,500
Total Liabilities and Equity			$388,800