Q4 Year 2 Year 1 Current assets: Cash $192 $100 Accounts receivable, net 222 222 Inventory 172 162 Prepaid expenses 122 122 Total current assets $708 $606 Current liabilities: Accounts payable $232 $212 Accrued liabilities 62 62 Notes payable, short term 122 112 Total current liabilities $416 $386 Sales 1360 COGS 960 Work out the following Ratios Working Capital Current ratio Acid-test ratio Average collection period Average sale period Net income $47,000 Number of common shares 45,000 Number of common shares 55,000 Market price per share $15 Dividends per share $0.50 Total assets, end of the yea $200,000 Total liabilities, end of the $80,000 Work out the following Ratios Earnings per share Common stock market value Average shares outastanding Price earning ratio