Comparative financial statements for Weller Corporation for the fiscal year ending December 31 appear below. The company did not issue any new common or preferred stock during the year. A total of 800,000 shares of common stock were outstanding. The interest rate on the bond payable was 12%, the income tax rate was 40%, and the dividend per share of common stock was $0.25. The market value of the company's common stock at the end of the year was $18. All of the company's sales are on account.

Compute the the following financial ratios for short-term creditors for this year:

(b)

Current ratio.

(c)

Acid-test ratio.

(d)

Accounts receivable turnover. (Assume that all sales are on account.)

(e)

Average collection period

(f)

Inventory turnover.

(g)	Average sale period.