The following information relates to Coastal Corporation. Account Current Year Prior Year Net sales (all credit) $520,125 $ 499,500 Cost of goods sold 375,960 353,600 Gross profit 144,165 145,900 Income from operations 95,500 79,900 Interest expense 23,500 19,500 Net income 57,600 51,600 Cash 30,600 15,900 Accounts receivable, net 33,800 23,200 Inventory 42,000 30,300 Prepaid expenses 2,000 1,500 Total current assets 108,400 70,900 Total long-term assets 62,000 38,000 Total current liabilities 46,000 41,600 Total long-term liabilities 20,000 22,700 Common stock, no par, 3,000 shares, value $50/share 30,000 30,000 Total current liabilities Total long-term liabilities Common stock, no par, 3,000 shares, value $50/share 46,000 41,600 20,000 22,700 30,000 30,000 Required: (show your calculations and round to two decimal places) a. What is the acid-test ratio for the current year? b. What is the inventory turnover for the current year? c. What is days' sales in receivables for the current year? d. What is the book value per share of common stock for the current year? e. What is the price-earnings ratio for the current year? f. What is the rate of return on total assets for the current year? g. What is the times-interest-earned ratio for the current year? h. What is the current ratio for the current year? R 7 U T == ==