Reynolds Corporation's comparative balance sheets are presented below.

	Reynolds CORPORATION
	Balance Sheets
	December 31
		2018		2017
	Cash	$ 10,000		$ 9,000
	Accounts receivable	35,000		30,000
	Inventory	25,500		20,000
	Land	15,000		15,000
	Building	90,000		90,000
	Accumulated depreciation	(27,000)		(25,000)
	Total	$148,500		$139,000
	Accounts payable	$ 50,000		$ 45,000
	Common stock	65,000		60,000
	Retained earnings	33,500		34,000
	Total	$148,500		$139,000

Reynolds' 2018 income statement included net credit sales of $200,000, cost of goods sold of $120,000, and net income of $30,000.

Instructions: Compute the following ratios for 2018. (a) Current ratio. (b) Acid-test ratio. (c) Receivables turnover. (d) Profit margin. (e)Return on assets. (Round ratios to 2 decimal places and percentages to 1 decimal place.)