Excerpts from Candle Corporation's most recent balance sheet (in thousands of dollars) appear below:

	Year 2		Year 1
Current assets:
Cash	$	290	$	150
Accounts receivable		290		300
Inventory		170		170
Prepaid expenses		63		73
Total current assets	$	813	$	693
Current liabilities:
Accounts payable	$	220	$	220
Accrued liabilities		130		93
Notes payable, short term		73		63
Total current liabilities	$	423	$	376

Sales on account during the year totaled $1,470 thousand. Cost of goods sold was $905 thousand.

Required:

a.

Compute the following working capital for Year 2.(Enter your answer in thousands of dollars, i.e., 100,000 should be entered as 100.)

Working capital

b.	Compute the following current ratio for Year 2. (Round your answer to 2 decimal places.)

Current ratio

c.	Compute the following acid-test ratio for Year 2. (Round your answer to 2 decimal places.)

Acid-test ratio

d.	Compute the following accounts receivable turnover for Year 2.(Round your answer to 2 decimal places.)

Accounts receivable turnover

e.

Compute the following average collection period for Year 2.(Use 365 days in a year. Round your intermediate calculations to 2 decimals places and your final answer to 2 decimal place.)

Average collection period

f.

Compute the following inventory turnover for Year 2.(Round your answer to 2 decimal places.)

Inventory turnover

g.

Compute the following average sale period for Year 2. (Use 365 days in a year. Round your intermediate calculations to 2 decimals places and your final answer to 2 decimal place.)

Average sale period