The financial information below presents selected information from the financial statements of Pelican Company. Sales revenue in 2014 was $13,700,300. Cost of goods sold was $8,905,195.

	12/31/2013			12/31/2014
Cash and cash equivalents	$	552,330		$	599,780
Accounts receivable		4,550,000			3,800,000
Inventory		920,360			1,223,440
Total current assets		8,700,030			8,480,100
Total assets		11,100,020			10,980,000
Total current liabilities		7,200,300			7,476,000
Total liabilities		8,449,900			8,240,700

Calculate the following:

1.

Receivables turnover ratio assuming all Pelican's sales are made on account. (Round your answer to 2 decimal places.)

2.	Current ratios as of December 31, 2014, and as of December 31, 2013. (Round your answers to 2 decimal places.)

3.	Quick ratio as of December 31, 2014, and as of December 31, 2013. (Round your answers to 2 decimal places.)

4.	Inventory turnover ratio. (Round your answer to 2 decimal places.)