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Oriole Company has been operating for several years, and on December 31, 2017, presented the following balance sheet. ORIOLECOMPANY BALANCE SHEET DECEMBER 31, 2017 Cash$38,900Accounts

Oriole Company has been operating for several years, and on December 31, 2017, presented the following balance sheet.

ORIOLECOMPANY

BALANCE SHEET

DECEMBER 31, 2017

Cash$38,900Accounts payable$74,200Receivables70,100Mortgage payable140,100Inventory97,200Common stock ($1 par)141,400Plant assets (net)234,600Retained earnings85,100$440,800$440,800

The net income for 2017 was $24,500. Assume that total assets are the same in 2016 and 2017.

Compute each of the following ratios.(Round answers to 2 decimal places, e.g. 1.59 or 45

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