Pioneer Inc.

Summary Financial Statement information at/as 12/31/2018

BASE INFORMATION

Cash $24,300

Short-term Investments $28,100

Accounts receivable, net $90,600

Inventory $116,800

PRepaid Expenses $11,300

Total assets $662,700

Short-term Notes payable $50,000

Accounts payable $78,300

Accrued liabilities $32,500

Long-term Notes payable $150,000

Other long-term liabilities $41,200

Net Income $82,900

Number of Common Shares Outstanding 35,000

1a Compute Pioneers Inc's current ratio, debt ratio, and earnings per share. Show all work. Assume the company has no preferred stock outstanding. Round all ratios to two decimal places.