The balance sheet for Stud Clothiers is shown next. Sales for the year were $2,400,000, with 90 percent of sales sold on credit.

STUD CLOTHIERS Balance Sheet 20XX
Assets			Liabilities and Equity
Cash	$	60,000	Accounts payable	$	220,000
Accounts receivable		240,000	Accrued taxes		30,000
Inventory		350,000	Bonds payable (long-term)		150,000
Plant and equipment		410,000	Common stock		80,000
			Paid-in capital		200,000
			Retained earnings		380,000
Total assets	$	1,060,000	Total liabilities and equity	$	1,060,000

Compute the following ratios: (Use a 360-day year. Do not round intermediate calculations. Round your answers to 2 decimal places. Input your debt-to-total-assets answer as a percent rounded to 2 decimal places.)

a.	Current ratio		times
b.	Quick ratio		times
c.	Debt-to-total-assets ratio		%
d.	Asset turnover		times
e.	Average collection period		days