Financial statements for Benson Company follow.

BENSON COMPANY
Balance Sheets As of December 31
	Year 4				Year 3
Assets
Current assets
Cash	$	17,500			$	13,500
Marketable securities		20,300				6,300
Accounts receivable (net)		44,000				36,000
Inventories		129,000				137,000
Prepaid items		28,000				13,000
Total current assets		238,800				205,800
Investments		27,000				20,000
Plant (net)		270,000				255,000
Land		29,000				24,000
Total assets	$	564,800			$	504,800
Liabilities and Stockholders Equity
Liabilities
Current liabilities
Notes payable	$	17,200			$	8,500
Accounts payable		88,800				75,000
Salaries payable		24,000				18,000
Total current liabilities		130,000				101,500
Noncurrent liabilities
Bonds payable		130,000				130,000
Other		27,000				22,000
Total noncurrent liabilities		157,000				152,000
Total liabilities		287,000				253,500
Stockholders equity
Preferred stock, (par value $10, 5% cumulative, non-participating; 8,000 shares authorized and issued)		80,000				80,000
Common stock (no par; 50,000 shares authorized; 10,000 shares issued)		80,000				80,000
Retained earnings		117,800				91,300
Total stockholders equity		277,800				251,300
Total liabilities and stockholders equity	$	564,800			$	504,800

BENSON COMPANY
Statements of Income and Retained Earnings For the Years Ended December 31
	Year 4				Year 3
Revenues
Sales (net)	$	260,000			$	240,000
Other revenues		8,600				5,600
Total revenues		268,600				245,600
Expenses
Cost of goods sold		130,000				112,000
Selling, general, and administrative		58,000				53,000
Interest expense		8,900				8,100
Income tax expense		38,000				37,000
Total expenses		234,900				210,100
Net earnings (net income)		33,700				35,500
Retained earnings, January 1		91,300				63,000
Less: Preferred stock dividends		4,000				4,000
Common stock dividends		3,200				3,200
Retained earnings, December 31	$	117,800			$	91,300

Required Calculate the following ratios for Year 4 and Year 3. a. Working capital. b. Current ratio. (Round your answers to 2 decimal places.) c. Quick ratio. (Round your answers to 2 decimal places.) d. Receivables turnover (beginning receivables at January 1, Year 3, were $37,000). (Round your answers to 2 decimal places.) e. Average days to collect accounts receivable. (Use 365 days in a year. Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole number.) f. Inventory turnover (beginning inventory at January 1, Year 3, was $143,000). (Round your answers to 2 decimal places.) g. Number of days to sell inventory. (Use 365 days in a year. Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole number.) h. Debt-to-assets ratio. (Round your answers to the nearest whole percent.) i. Debt-to-equity ratio. (Round your answers to 2 decimal places.) j. Number of times interest was earned. (Round your answers to 2 decimal places.) k. Plant assets to long-term debt. (Round your answers to 2 decimal places.) l. Net margin. (Round your answers to 2 decimal places.) m. Turnover of assets (average total assets in Year 3 is $504,800). (Round your answers to 2 decimal places.) n. Return on investment (average total assets in Year 3 is $504,800). (Round your answers to 2 decimal places.) o. Return on equity (average stockholders' equity in Year 3 is $91,300). (Round your answers to 2 decimal places.) p. Earnings per share (total shares outstanding is unchanged). (Round your answers to 2 decimal places.) q. Book value per share of common stock. (Round your answers to 2 decimal places.) r. Price-earnings ratio (market price per share: Year 3, $11.90; Year 4, $12.80). (Round your intermediate calculations and final answer to 2 decimal places.) s. Dividend yield on common stock. (Round your answers to 2 decimal places.)