Financial statements for Boston Corporation are presented below.

Boston Corporation Comparative Balance Sheet December 31 Assets 2011 2010 Cash $ 120,000 $ 110,000 Accounts receivable (net) 135,000 95,000 Inventory 270,000 240,000 Property, plant, and equipment (net) 750,000 800,000 Total assets $1,275,000 $1,245,000

Liabilities and Stockholders' Equity Accounts payable $ 152,000 $ 208,000 Accrued liabilities 12,000 16,000 Bonds payable, 10 percent 160,000 160,000 Common stock, $10 par (10,000 shares) 500,000 500,000 Retained earnings 451,000 361,000 Total liabilities and stockholders' equity $1,275,000 $1,245,000

Boston Corporation Income Statement For the Year Ended December 31, 2011 Net sales $1,200,000 Cost of goods sold 700,000 Gross margin $ 500,000 Operating expenses Depreciation expense $ 70,000 Interest expense 10,000 Other expenses 260,000 340,000 Income before income taxes $ 160,000 Income taxes expense 40,000 Net income $ 120,000

Note: Dividends of $0.60 per share were declared and paid during 2011. The market price of the stock on December 31, 2011 was $18.00 per share.

Compute the following for 2011 and place your answers in the spaces provided. Round answers to two decimal places. SHOW AND LABEL YOUR WORK. Use the empty space on the previous page.

Current ratio Debt to equity ratio Receivable turnover Inventory turnover Quick ratio Return on equity Asset turnover Earnings per share (EPS) Profit Margin P/E ratio