Statement of Financial Position December 31, Year 2 and Year 1 (in thousands of dollars)
	Year 2			Year 1
Assets
Current assets:
Cash	$	100		$	110
Accounts receivable		210			220
Inventory		110			120
Prepaid expenses		10			10
Total current assets		430			460
Plant and equipment, net		900			880
Total assets	$	1,330		$	1,340
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	160		$	170
Accrued liabilities		50			50
Notes payable, short term		100			90
Total current liabilities		310			310
Bonds payable		190			240
Total liabilities		500			550
Stockholders' equity:
Preferred stock, $100 par value, 10%		200			200
Common stock, $1 par value		100			100
Additional paid-in capital--common stock		110			110
Retained earnings		420			380
Total stockholders' equity		830			790
Total liabilities & stockholders' equity	$	1,330		$	1,340

Income Statement For the Year Ended December 31, Year 2 (in thousands of dollars)
Sales (all on account)		$	1,330
Cost of goods sold			850
Gross margin			480
Selling and administrative expense			292
Net operating income			188
Interest expense			31
Net income before taxes			157
Income taxes (30%)			47
Net income		$	110

Dividends on common stock during Year 2 totaled $50 thousand. Dividends on preferred stock totaled $20 thousand. The market price of common stock at the end of Year 2 was $9.36 per share.

Please calculate 1. back value per share 2. Acid-test ratio 3. Average collection period 4. Time interested earned 5. Debt-to-equity ratio