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C i v2.cengager\\ow.com Clip 17 HW Calculator Print Ilem The nancial statements for Nil-(e, Inc., are presented In Appendix D . Use the foilowing additional Information (in thousands): Accounts receivable at May 31, 2014: 53,117 Inventories at May 31, 2014: 3,947 Total assets at May 31, 2014: 13,594 Stockholders' equity at May 31, 2014: 12,000 1. Determine the following measures for the scal years ended May 31, 2016, and May 31, 2015. Do not round interim calculations. Round the working capital amount in part (a) '50 thi nearest dollar. Round all other nal answers to one decimal place. When required, use the rounded final answers in subsequent computauonst May 31, 2016 May 31, 215 \\ \\ a. Working capital (In millions) s i S "' b. Current ratio I , c. Quick ratio l d. Accounts receivable turnover ' l ' a. Number of days' sales in receivables l ' days days .7 f. Inventory turnover l , 9, Number of days' sales in Inventory l days days h. Ratio of liabilities to stockholders' eqwty I l 31 I. Asset turnover l l , g.\" ,=-: 1, Return on total assets l I % l % 1: ; k. Return on common stockholders equity l l % \"fo I, Priceearnings ratio, assuming that the market price was $54.90 per * if share on May 29, 2016, and 552.819er share on May 30, 2015. ' Percentage relationship of net Income to sales