Cash	$	92,000			Notes payable (due in 6 months)	$	44,000
Accounts receivable		130,000			Accounts payable		83,000
Inventory		280,000			Long-term liabilities		332,000
Prepaid expenses		60,000			Capital stock, $5 par		300,000
Plant & equipment (net)		570,000			Retained earnings		463,000
Other assets		90,000
Total	$	1,222,000			Total	$	1,222,000

During the year the company earned a gross profit of $1,116,000 on sales of $2,950,000. Accounts receivable, inventory, and plant assets remained almost constant in amount throughout the year, so year-end figures may be used rather than averages.

a. Compute the current ratio. (Round your answer to 2 decimal place.)

b. Compute the quick ratio. (Round your answer to 2 decimal place.)

c. Compute the working capital.

d. Compute the debt ratio. (Round your percentage answers to nearest whole percent. i.e. 0.1234 as 12%.)

e. Compute the accounts receivable turnover (all sales were on credit). (Round your answer to 2 decimal places.)

f. Compute the inventory turnover. (Round your answer to 2 decimal places.)