Financial statements for Revnik Company follow.

REVNIK COMPANY Balance Sheets As of December 31
	2015			2014
Assets
Current assets
Cash	$	16,000		$	12,000
Marketable securities		20,000			6,000
Accounts receivable (net)		54,000			46,000
Inventories		135,000			143,000
Prepaid items		25,000			10,000
Total current assets		250,000			217,000
Investments		27,000			20,000
Plant (net)		270,000			255,000
Land		29,000			24,000
Total assets	$	576,000		$	516,000
Liabilities and Stockholders Equity
Liabilities
Current liabilities
Notes payable	$	17,000		$	6,000
Accounts payable		113,800			100,000
Salaries payable		21,000			15,000
Total current liabilities		151,800			121,000
Noncurrent liabilities
Bonds payablew		100,000			100,000
Other		32,000			27,000
Total noncurrent liabilities		132,000			127,000
Total liabilities		283,800			248,000
Stockholders equity
Preferred stock, (par value $10, 4% 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		132,200			108,000
Total stockholders equity		292,200			268,000
Total liabilities and stockholders equity	$	576,000		$	516,000

REVNIK COMPANY Statements of Income and Retained Earnings For the Years Ended December 31
	2015			2014
Revenues
Sales (net)	$	230,000		$	210,000
Other revenues		8,000			5,000
Total revenues		238,000			215,000
Expenses
Cost of goods sold		120,000			103,000
Selling, general, and administrative		55,000			50,000
Interest expense		8,000			7,200
Income tax expense		23,000			22,000
Total expenses		206,000			182,200
Net earnings (net income)		32,000			32,800
Retained earnings, January 1		108,000			83,000
Less: Preferred stock dividends		3,200			3,200
Common stock dividends		4,600			4,600
Retained earnings, December 31	$	132,200		$	108,000

Required

Calculate the following ratios for 2015 and 2014. When data limitations prohibit computing averages, use year-end balances in your calculations.

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, 2014, were $47,000). (Round your answers to 2 decimal places.)

e.	Average days to collect accounts receivable. (Round intermediate calculations to 2 decimal places and final answers to the nearest whole number.)

f.	Inventory turnover (beginning inventory at January 1, 2014, was $140,000). (Round your answers to 2 decimal places.)

g.	Number of days to sell inventory. (Round intermediate calculations to 2 decimal places and 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. (i.e., .2345 should be entered as 23.45.))

m.	Turnover of assets. (Use the total assets of 2014 as the average total assets to compute the 2014 figure.) (Round your answers to 2 decimal places.)

n.	Return on investment. (Use the total assets of 2014 as the average total assets to compute the 2014 figure.) (Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45.))

o.	Return on equity. (Use the total stockholders' equity of 2014 as the average total stockholders' equity to compute the 2014 figure.) (Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45.))

p.	Earnings per share. (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: 2014, $11.75; 2015, $12.50). (Round intermediate calculations and final answers to 2 decimal places.)

s.	Dividend yield on common stock. (Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45.))