Presented below is information related to Nash Inc.

NASH INC. BALANCE SHEET DECEMBER 31, 2020
Cash				$45,400		Notes payable (short-term)		$49,700
Receivables		$110,000				Accounts payable		32,100
Less: Allowance		15,200		94,800		Accrued liabilities		5,000
Inventory				171,500		Common stock (par $5)		262,400
Prepaid insurance				7,900		Retained earnings		141,800
Land				20,200
Equipment (net)				151,200
				$491,000				$491,000

NASH INC. INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020
Sales revenue					$1,398,700
Cost of goods sold
Inventory, Jan. 1, 2020		$202,000
Purchases		783,700
Cost of goods available for sale		985,700
Inventory, Dec. 31, 2020		(171,500	)
Cost of goods sold					814,200
Gross profit on sales					584,500
Operating expenses					168,800
Net income					$415,700

(a)

Compute the following ratios or relationships of Nash 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, 2020			%