QUESTION 5 (14 MARKS) Financial ratios Shown below are some key figures from the balance sheets of Minuteman Gas Company for two successive years: December 31, 2015 December 31, 2014 Total assets (of which 30% are current) $2,820,000 $2,220,000 Current liabilities $336,000 $372,000 Bonds payable (long term) $1,080,000 $840,000 Capital stock, $6 par value $660,000 $660,000 Retained Earnings $828,000 $480,000 Dividends of $96,000 were declared and paid in 2015. Compute the following: 5.1. Current ratio at end of 2014. 5.2. Current ratio at end of 2015. 5.3. Working capital at end of 2014. 5.4. Working capital at end of 2015. 5.5. Debt ratio at end of 2014. 5.6. Debt ratio at end of 2015. 5.7. Earnings per share for 2015