Presented below is information related to Carver Inc.

CARVER INC. BALANCE SHEET DECEMBER 31, 2014
Cash	$53,100	Notes payable (short-term)	$58,400
Receivables	$105,300	Accounts payable	37,300
Less: Allowance	16,200	89,100	Accrued liabilities	5,550
Inventory	173,900	Common stock (par $5)	261,100
Prepaid insurance	7,800	Retained earnings	132,250
Land	20,500
Equipment (net)	150,200
$494,600	$494,600

CARVER INC. INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2014
Sales revenue	$1,404,000
Cost of goods sold
Inventory, Jan. 1, 2014	$201,200
Purchases	806,700
Cost of goods available for sale	1,007,900
Inventory, Dec. 31, 2014	(173,900	)
Cost of goods sold	834,000
Gross profit on sales	570,000
Operating expenses	359,000
Net income	$211,000

(a) Compute the following ratios or relationships of Carver Inc. Assume that the ending account balances are representative unless the information provided indicates differently.(Round answers to 2 decimal places, e.g. 1.59 or 45.87%.)

(1)	Current ratio		times
(2)	Inventory turnover		times
(3)	Accounts receivable turnover		times
(4)	Earnings per share	$
(5)	Profit margin on sales		%
(6)	Return on assets on December 31, 2014.		%