Following are the financial statements for Starman Corporation for the year ended December 31, 2009.

Assume that all balance sheet amounts represent both average and ending figures.

Starman Corporation
Balance Sheet
December 31, 2009
Assets
Cash		$ 20,000
Marketable securities		30,000
Accounts receivable		50,000
Inventory		100,000
Long-term receivables		35,000
Property, plant, and equipment		65,000
Total assets		$300,000
Liabilities and Stockholders' Equity
Current liabilities		$100,000
Long-term liabilities		60,000
Stockholders' equity		140,000
Total liabilities and stockholders' equity		$300,000

Starman Corporation
Income Statement
For the Year Ended December 31, 2009
Net sales	$400,000
Cost of goods sold	240,000
Gross margin	$160,000
Operating expenses	40,000
Income before income taxes	$120,000
Income taxes expense	30,000
Net income	$ 90,000

Instructions: Round your answers to one decimal place.

a. What is the current ratio for this corporation?

b. What is the receivable turnover for this corporation?

c. What is the inventory turnover for this corporation?

d. What is the return on assets for this corporation?

e. What is the profit margin for this corporation?