Reference no: EM132463945

The following data are taken from the financial statements of Ivanhoe Company. The data are in alphabetical order.

Accounts payable                      $26,800

Net sales                                 $535,000

Accounts receivable                    65,000

Other current liabilities                 20,500

Average common shares out.         25,000

Salaries and wages payable             6,400

Cash                                           82,675

Stockholders' equity                      119,700

Gross profit                                   175,000

Total assets                                   315,000

Net income                                        58,000

Question 1: Compute the following: (Round current ratio to 1 decimal places, e.g. 1.5:1 and earnings per share to 2 decimal places, e.g. $2.51.)

(a) Current ratioenter current ratio rounded to 1 decimal place:1

(b) Working capital$ enter working capital in dollars

(c) Earnings per share$ enter earnings per share in dollars rounded to 2 decimal places

(d) Debt to assets ratioenter Debts to assets ratio in percentages rounded to whole number %