Shown below is selected information from the financial statements of Dickson, Inc., a retail furniture store From the balance sheet Cash Accounts receivable Inventory Plant assets (net of accumulated depreciation) Current liabilities Total stockholders' equity Total assets $ 30,000 150,000 200,000 500,000 150,000 300,000 1,000,000 From the income statement: Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Net income $1,500,000 1,080,000 315,000 84,000 6,000 15,000 From the statement of cash flows: Net cash provided by operating activities (including interest paid of $79,000) $ 40,000 Net cash used in investing activities Financing activities: (46,000) Amounts borrowed Repayment of amounts borrowed Dividends paid $ 50,000 (14,000) (20,000) Net cash provided by financing activities 16,000 Net increase in cash during the year $ 10,000 Instructions b. Compute the following: (Round ratios to 1 decimal place.)