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The comparative financial statements of Automotive Solutions Inc. are as follows. The market price of Automotive Solutions Inc. common stock was $67 on December 31,20Y8.

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The comparative financial statements of Automotive Solutions Inc. are as follows. The market price of Automotive Solutions Inc. common stock was $67 on December 31,20Y8. AUTOMOTIVE SOLUTIONS INC. Comparative Income Statement For the Years Ended December 31, 20Y and 20Y7 AUTOMOTIVE SOLUTIONS INC. Comparative Statement of Stockholders' Equity For the Years Ended December 31, 20 Y8 and 20Y7 AUTOMOTIVE SOLUTIONS INC. Comparative Balance Sheet December 31, 20Y and 20Y Determine the following measures for 20Y8. Round ratio values to one decimal place and dollar amounts to the nearest cent. For number of days' sales in receivables and number of days' sales in inventory, round intermediate calculations to the nearest whole dollar and final amounts to one decimal place. Assume there are 365 days in the year. 1. Working capital $2,265,826 2. Current ratio 2.9 3. Quick ratio 1.7 4. Accounts receivable turnover 1.7 5. Days' sales in receivables 58.9 days 6. Inventory turnover 3.1 7. Days" sales in inventory 117.7 days 8. Debt ratio 44.5 % 9. Ratio of liabilities to stockholders' equity 0.8 10. Ratio of fixed assets to long-term liabilities 1.3 11. Times interest earned 4.1 x times 12. Times preferred dividends earned 64 times 13. Asset turnover 0.5 14. Return on total assets 9.1% 15. Return on stockholders' equity 16.3% 16. Return on common stockholders' equity 16.1% 17. Earnings per share on common stock 18. Price-earnings ratio 7 . 19. Dividends per share of common stock 20. Dividend yield 1%

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