Stewart Corporation's comparative balance sheets are presented below.

	STEWART CORPORATION
	Balance Sheets
	December 31
		2012		2011
	Cash	$ 4,794		$ 3,425
	Accounts receivable	21,200		22,914
	Inventory	10,042		7,425
	Land	19,671		26,287
	Building	69,630		69,630
	Accumulated depreciation	(14,688	)	(10,577	)
	Total	$110,649		$119,104
	Accounts payable	$ 12,452		$ 31,237
	Common stock	74,750		69,430
	Retained earnings	23,447		18,437
	Total	$110,649		$119,104

Stewart's 2012 income statement included net sales of $101,200, cost of goods sold of $60,323, and net income of $14,178.

Instructions

Compute the following ratios for 2012. (a) Current ratio. (b) Acid-test ratio. (c) Receivables turnover. (d) Inventory turnover. (e) Profit margin. (f) Asset turnover. (g) Return on assets. (h) Return on common stockholders' equity. (i) Debt to total assets ratio. (Round answers to 1 decimal place, e.g. 10.5.)

(a)	Current ratio
(b)	Acid-test ratio
(c)	Receivables turnover
(d)	Inventory turnover
(e)	Profit margin	%
(f)	Asset turnover
(g)	Return on assets	%
(h)	Return on common stockholders; equity	%
(i)	Debt to total assets ratio	%