information for Ramirez Corp. is given below:

Ramirez Corp. Balance Sheet December 31, 2018

Assets		Equities
Cash	$ 300,000	Accounts payable	$ 630,000
Accounts receivable (net)	1,950,000	Income taxes payable	189,000
Inventories	2,439,000	Miscellaneous accrued payables	225,000
		Bonds payable (8%, due 2020)	1,875,000
Plant and equipment, net of depreciation	1,983,000
Patents	261,000	Preferred stock ($100 par, 6% cumulative nonparticipating)	750,000
Other intangible assets	75,000	Common stock (no par, 60,000 shares authorized, issued and outstanding)	1,125,000
Total Assets	7,008,000	Retained Earnings	2,439,000
		Treasury stock1,500 shares of preferred	(225,000)
		Total Equities	7,008,000

Ramirez Corp. Income Statement

Year Ended December 31, 2018

Net sales	$ 9,000,000
Cost of goods sold	6,000,000
Gross profit	3,000,000
Operating expenses (including bond interest expense)	1,500,000
Income before income taxes	1,500,000
Income tax	450,000
Net income	S 1,050,000

Additional information:

There are no preferred dividends in arrears, the balances in the Accounts Receivable and Inventory accounts are unchanged from January 1, 2018, and there were no changes in the Bonds Payable, Preferred Stock, or Common Stock accounts during 2018. Assume that preferred dividends for the current year have not been declared.

At December 31, 2018, the current ratio was

a. 2,250 / 630.

b. 6,675 / 819.

c. 4,689 / 819.

d. 4,689 / 1,044

The number of times interest was earned during 2018 was

a. 1,50 / 150.

b. 1,500 / 150.

c. 1,650 / 150.

d. 1,350 / 150.

At December 31, 2018, the book value per share of common stock was

a. $55.66.

b. $58.16.

c. $59.40.

d. $58.65.

The rate of return for 2018 based on the year-end common stockholders' equity was

a. 1,050 / 3,519.

b. 1,050 / 3,564.

c. 1,005 / 3,519.

d. 1,005 / 3,564.