The comparative financial statements of Tec Solutions Inc. are as follows. The market price of Tec Solutions Inc. common stock was $89.75 on December 31, 2012.

Instructions
Determine the following measures for 2012, 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 earned
11. Number of times preferred dividends 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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TEC SOLUTIONS INC. Comparative Balance Sheet December 31, 2012 and 2011 Dec. 31, 2012 Dec. 31, 2011 Assets Current assets: Cash Temporary investments Accounts receivable (net) Inventories Prepaid expenses 175,000 250,000 190,000 300,000 50,000 $ 965,000 400,000 1,135,000 $2,500,000 200,000 292,000 160,000 260,000 13,000 S 925,000 100,000 875,000 $1,900,000 Total current assets Long-term investments Property, plant, and equipment (net) Total assets Liabilities 200,000 419,000 Current liabilities Long-term liabilities: 500,000 750,000 1,250,000 $1,450,000 Mortgage note payable, 8%, due 2020 Bonds payable, 10%, due 2030 750,000 750,000 $1,169,000 Total long-term liabilities Total liabilities Stockholders' Equity Preferred $5 stock, $100 par Common stock, $5 par Retained earnings 100,000 250,000 700,000 $1,050,000 $2,500,000 100,000 250,000 381,000 $731,000 $1,900,000 Total stockholders' equity Total liabilities and stockholders'equity