Net income $q,$

Stargel Inc.

Comparative Balance Sheet

December $31,2014$ and $2013$

Dec. $31,2014$

Dec. $31,2013$

Instructions

Determine the following measures for $2014,$ rounding to one decimal place, except per share amounts which should be rounded to the nearest penny:

Working capital

Current ratio

Quick ratio

Accounts receivable turnover

Number of days' sales in receivables

Inventory turnover

Number of days' sales in inventory

Ratio of fixed assets to long$-$term liabilities