Cash Accounts receivable. Inventory Assets Liabilities & Stockholders' Equity $ 103,000 150,000 Notes payable (due in 6 months) $ 47,000 Accounts payable 87,000 270,000 Long-term liabilities. 334,000 60,000 Capital stock, $5 par 300,000 570,000 90,000 Retained earnings 475,000 $1,243,000 Total $1,243,000 Prepaid expenses Plant & equipment (net) Other assets Total 1 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.) g. Compute the book value per share of capital stock. (Round your answer to 2 decimal places.) a. Current ratio b Quick ration to 1 to 11 C Working capital d Debt ratio % e Accounts receivable turnover times Inventory turnover times g Book value per share of capital stock Moxt