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The following data are taken from the financial statements of Blue Spruce Inc.: Current assets $227,200 Current liabilities 142,000 Dividends declared 7,000 Market price per

The following data are taken from the financial statements of Blue Spruce Inc.:

Current assets $227,200

Current liabilities 142,000

Dividends declared 7,000

Market price per share 10 Net sales 232,000

Net income 50,020

Total liabilities 155,100

Total assets 220,000

Weighted average number of common shares 8,200

Calculate the following ratios: (Round current ratio, basic earnings per share, price-earnings ratio to 2 decimal places, e.g. 52.75, debt to total assets to 1 decimal place, e.g. 5.5. and working capital to 0 decimal places, e.g. 5,275.)

(a) Current ratio e ______:1

b) Working capital $_______

(c) Basic earnings per share $_____

(d) Price-earnings ratio

(e) Debt to total assets ______%

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