$42,000 Accounts receivable $130,000Inventory $95,000Plant assets (net) $340,000Total assets $607,000 Accounts payable $78,000 Accrued taxes and expenses payable $26,000Long-term debt $106,000Common stock ($10 par) $174,000Paid-in capital in excess of par $45,000Retained earnings $282,000Total equities $607,000 Net sales (all on credit) $850,000 Cost of goods sold $697,000 General & Admin Expenses $78,000 Net income $75,000 Required Compute the following: (It is not necessary to use averages for any balance sheet figures involved.) (a) Current ratio(b) Inventory turnover(c) Receivables turnover(d) Book value per share(e) Earnings per share(f) Debt to total assets(g) Profit margin on sales(h) Return on common stock equity
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