The following information is available about the company:

The following information is available about the company a. All sales during the year were on account. b. There was no change in the number of shares of common stock outstanding during the year c. The interest expense on the income statement relates to the bonds payable; the amount of bonds outstanding did not change during the year d. Selected balances at the beginning of the current year were: 220,000 $ 330,000 $1,415,000 Accounts receivable Inventory Total assets e. Selected financial ratios computed from the statements below for the current year are Earnings per share Debt-to-equity ratio Accounts receivable $ 3.06 0.880 15.0 turnover 2.00 Current ratio Return on total assets Times interest earned ratio Acid-test ratio Inventory turnover 12% 6.0 1.19 9.0