1. The condensed balance sheet and income statement for Dobson Company are presented below.

Dobson Company Balance Sheet

At December 31, 2013

Cash	$19,000
Temporary investments in marketable securities	35,000
Accounts receivable (net)	48,400
Merchandise inventory	70,600
Property, plant, and equipment (net)	250,000
Intangible assets	12,400
Total assets	$435,400
Current liabilities	$108,400
11% Bonds payable, long term	100,000
Paid-in capital	70,000
Retained earnings	157,000
Total liabilities and equity	$435,400

Dobson Company Income Statement

For the Year ended December 31, 2013

Sales	$704,000
Cost of goods sold	422,400
Gross profit	281,600
Operating expenses	166,200
Operating income	115,400
Interest expense	11,000
Income before income taxes	104,400
Income taxes	31,320
Net income	$73,080

equired:

Compute the following for Dobson Company. (Round all answers to two decimal places.)

1. Current ratio.
2. Acid-test ratio.
3. Debt to equity ratio.
4. Times interest earned ratio.
5. Return on shareholders' equity ratio.