The condensed financial statements of Blossom Company for the years 2020-2021 are presented below:

Blossom Company Comparative Balance Sheets As of December 31, 2020 and 2021
		2021			2020
Cash		$590,000			$280,000
Accounts receivable (net)		500,000			400,000
Inventories		570,000			500,000
Plant and equipment		2,600,000			1,600,000
Accumulated depreciation		(380,000	)		(280,000	)
		$3,880,000			$2,500,000
Accounts payable		$500,000			$220,000
Dividends payable		-0-			60,000
Bonds payable		600,000			-0-
Common stock ($10 par)		2,180,000			1,820,000
Retained earnings		600,000			400,000
		$3,880,000			$2,500,000

Additional data:
	Market value of stock at 12/31/21 is $80 per share.
	Blossom sold 40,000 shares of common stock at par on July 1, 2021.

Blossom Company Condensed Income Statement For the Year Ended December 31, 2021
Sales revenue		$3,500,000
Cost of goods sold		2,400,000
Gross profit		1,100,000
Administrative and selling expenses		700,000
Net income		$400,000

Compute the following financial ratios by placing the proper amounts for numerators and denominators. (Round per unit answers to 2 decimal places, e.g. 52.75.)

Compute the following financial ratios by placing the proper amounts for numerators and denominators. (Round per unit answers to 2 decimal places, e.g. 52.75.) $ 2840000 (a) Current ratio at 12/31/21 $ 780000 $ 1090000 (b) Acid test ratio at 12/31/21 $ 680000 $ (c) Accounts receivable turnover in 2021 $ $ (d) Inventory turnover in 2021 $ $ (e) Profit margin on sales in 2021 $ $ (f) Earnings per share in 2021 $ (g) Return on common stockholders' equity in 2021 $ $ (h) Price earnings ratio at 12/31/21 $ $ (i) Debt to assets at 12/31/21 $ $ (i) Book value per share at 12/31/21