Exercise 91 The following information pertains to Wamser Company: Cash $21,500 Accounts receivable 125,000 Inventory 75,500 Plant assets (net) 382,000 Total assets $604,000 Accounts payable $75,000 Accrued taxes and expenses payable 25,000 Long-term debt 49,500 Common stock ($10 par) 160,000 Paid-in capital in excess of par 88,500 Retained earnings 206,000 Total equities $604,000 Net sales (all on credit) $804,000 Cost of goods sold 600,500 Net income 81,500 Compute the following: (Round answers to 2 decimal places e.g. 15.25.) (a) Current ratio : 1 (b) Inventory turnover times (c) Accounts receivable turnover times (d) Book value per share $ (e) Earnings per share $ (f) Debt to assets % (g) Profit margin on sales % (h) Return on common stock equity %