The condensed financial statements of Marks Company for the years 2017-2018 are presented below Marks Company Comparative Balance Sheets As of December 31, 2017 and 2018 2018 2017 Cash $398,000 $151,000 Accounts receivable (net) 360,000 302,000 Inventories 376,000 336,000 Plant and equipment 1,832,000 1,112,000 Accumulated depreciation (192,000) (260,000) $2,706,000 $1,709,000 Accounts payable $336,000 $161,000 Dividends payable -0- 44,000 Bonds payable Common stock ($10 par) Retained earnings -0 405,000 1,520,000 1,220,000 445,000 284,000 $2,706,000 $1,709,000 Additional data: Market value of stock at 12/31/18 is $80 per share. Marks sold 34,000 shares of common stock at par on July 1, 2018. Marks Company Condensed Income Statement For the Year Ended December 31, 2018 Sales revenue $2,442,000 Cost of goods sold 1,648,000 Gross profit 794,000 Administrative and selling expenses 504,000 $290,000 Net income 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.) (a) Current ratio at 12/31/18 (b) Acid test ratio at 12/31/18 (c) Accounts receivable turnover in 2018 (d) Inventory turnover in 2018 (e) Profit margin on sales in 2018 (f) Earnings per share in 2018 (g) Return on common stock holders' equity in 2018 |(h) Price earnings ratio at 12/31/18 (i) Debt to assets at 12/31/18 (i) Book value per share at 12/31/18 +0 +e +0 LO LO