SHERIDAN COMPANY Balance Sheets December 31 2027 2026 Assets Current assets \begin{tabular}{|c|c|c|} \hline Cash & $60,360 & $64,200 \\ \hline Debt investments (short-term) & 74,000 & 50,000 \\ \hline Accounts receivable (net) & 125,600 & 110,600 \\ \hline Inventory & 127,700 & 117,200 \\ \hline Total current assets & 387,660 & 342,000 \\ \hline Plant assets (net) & 660,000 & 531,300 \\ \hline Total assets & $1.047,660 & $873,300 \\ \hline \end{tabular} Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total Habilities Stockholders' equity Common stock (\$5 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $167,800$153,200 \begin{tabular}{rrr} \hline 45,200 & & 43,700 \\ \hline 213,000 & & 196,900 \\ \hline 231,000 & & 211,000 \\ \hline 444,000 & & 407,900 \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline 290,000 & 300,000 \\ \hline 313,660 & 165,400 \\ \hline 603,660 & 465,400 \\ \hline$1,047,660 & $873,300 \\ \hline \end{tabular} The comparative statements of Sheridan Company are presented here. All sales were on credit. Net cash provided by operating activities for 2027 was $245,940. Capital expenditures were $137,000, and cash dividends paid were $62,960. Compute the following ratios for 2027 . (Round current ratio, earnings per share and asset turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, es. 1.8 or 2.5%. Use 365 days in calculation.)