The following selected data are taken from the financial statements of Lincoln Inc. The data are in alphabetical order. Accounts payable $ 52,000 Accounts receivable 84,500 Average assets 520,000 Cash 147,200 Market price/share 65.00 Net sales 590,000 Other current liabilities 22,500 Net income 174,000 Salaries payable 19,600 Shareholders' equity 310,900 Total assets 500,000 Weighted average number of common shares 4,000 Instructions

Calculate the following ratios: 

(a) Current ratio 

(b) Working capital 

(c) Basic earnings per share 

(d) Price-earnings ratio (e) Debt to total assets