Nineteen measures of solvency and profitability The comparative financial statements of Stargel Inc. are as follows. Paid The comparative Stargel Inc. common stock was $119.70 on December 31, 2016. PR 15-48 of Ratio of liabilities Comparative Retained Earnings Statement For the Years Ended December 31, 2016 and 2015 Stargel Inc. :0.4 2016 $5,375,000 $4545,000 900,000 Retained earnings, January 1.... $6,275,000 Add net income for year . Total Deduct dividends: 45,000 . 45,000 50,000 s 95,000 $6,180,000 On preferred stock 95 Retained earnings, December 31 . Stargel Inc. Comparative Income Statement For the Years Ended December 31, 2016 and 2015 2016 Sales Cost of goods sold. 5,350,000 . 4,650,000 .. 2,000,000 1,500,000 Total operating expenses 3,500,000 Selling expenses 150,000 $ 1,300,000 170,000 1,130,000 230,000 $1,160,000 140,000 $1,300,000 150,000 $1,150,000 225,000 $925,000 ncome before income tax come tax expense.... Chepter 15 Financial Statement Analsh Deceimber 31, 2018a Current a 1, 2016 5 500.000 $ 400,000 Accounts receivable (neti. 510,000 3,089,000 40,000 3,36600o Prepaid expenses otal Long-term investments Property, plant, and equipment (net) 2,350.000 Current iabilities Long-term liabilities: $ 00 S880.000 Mortgage note payable, as%, due 2021 Bonds payable, 9%, due 2017 $ 200.000 1.500000 1500.000 1700.000 1.500.000 Total long-term liabilities . Total liabilities Stockholders' Equity Preferred S0.90 stock, $10 par $ 500,000500,000 500,000 Common stock, $5 par Retained earnings 500,000 6,180.000 5375.000 7180000 $6375000 $9.780,000 Total stockholders equity Total liabilities and stockholders' equity. .-.. .. .. .. Instructions Determine the following measures for 2016, rounding to one decimal place, except per. 8,755,000 share amounts, which should be rounded to the nearest penny 1. Working capital 2. Current ratio ust aswer # and to 19 3. Quick ratio 5. Number of days' sales in receivables 6. Inventory turnover he numa 7. Number of days' sales in inventory oui c 8. Ratio of fixed assets to long-term liabilities And denomin 9. Ratio of liabilities to stockholders' equity 10. Number of times interest charges are earned Po 11. Number of times preferred dividends are earne 12. Ratio of sales to assets 13. Rate earned on total assets 14. Rate earned on stockholders' equity 15. Rate earned on common stockholders' equity 16. Earnings per share on common stock 17. Price-earnings ratio 18. Dividends per share of common stock 19. Dividend yield cm ore