The comparative financial statements of Bettancort Inc. are as follows. The market price of Bettancort Inc. common stock was $71.25 on December 31, 2014.

Liabilities

Instructions
Determine the following measures for 2014, rounding to one decimal place:
1. Working capital
2. Current ratio
3. Quick ratio
4. Accounts receivable turnover
5. Number of days’ sales in receivables
6. Inventory turnover
7. Number of days’ sales in inventory
8. Ratio of fixed assets to long-term liabilities
9. Ratio of liabilities to stockholders’ equity
10. Number of times interest charges are earned
11. Number of times preferred dividends are earned
12. Ratio of net sales to assets
13. Rate earned on total assets
14. Rate earned on stockholders’ equity
15. Rate earned on common stockholders’ equity
16. Earnings per share on common stock
17. Price-earnings ratio
18. Dividends per share of common stock
19. Dividendyield

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Bettancort Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2014 and 2013 2014 2013 Add net income for year 300,000 280,000 $2,680,000 Deduct dividends: 10,000 25,000 25,000 10,000 Bettancort Inc. Comparative Income Statement For the Years Ended December 31, 2014 and 2013 2014 2013 10,000 $1,200,000 1,000,000 475,000 Net sales. 180,000 150,000 225,000 5 446,000 400,000 60,000 166,000 66,000 80,000 60,000 280,000 Net income $ 300,000 Bettancort Inc. Comparative Balance Sheet December 31, 2014 and 2013 Dec. 31, 2014 Dec. 31, 2013 Assets Current assets: 300,000 67,000 1,100,000 1,320,000 S 400,000 260,000 110,000 58,000 139,000 967,000 2,200,000 1,188,000 4,355.000 Inventories Total current assets . . S 400,000 Long-term liabilities: Mortgage note payable, 8%, due 2019 . . . . . Bonds payable, 10%, due 2015 $ 100,000 1,000,000 0 1,000,000 $1,000,000 $1,400,000 . . . . . . . . . . Total liabilities $1,540,000 Stockholders Equity Preferred $0.75 stock, $10 par. .. 200,000 100,000 2,655,000 $2,955,000 $4,355,000