Financial statements for Munoz Company follow. MUNOZ COMPANY Balance Sheets As of December 31 Year 4 Year 3 Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items Total current assets Investments Plant (net) Land Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Notes payable Accounts payable Salaries payable Total current liabilities Noncurrent liabilities Bonds payable $ 21,000 21,000 $ 17,000 7,000 51,000 43,000 136,000 144,000 25,000 10,000 221,000 15,000 254,000 22,000 260,000 28,000 $ 564,000 245,000 23,000 $ 504,000 $ 24,600 58,800 25,000 $ 8,300 45,000 19,000 108,400 72,300 140,000 140,000 Other 25,000 20,000 Total noncurrent liabilities 165,000 160,000 Total liabilities 273,400 232,300 Stockholders' equity Preferred stock, (par value $10, 4% cumulative, non-participating; 8,000 shares authorized and issued) Common stock (no par; 50,000 shares authorized; 10,000 shares issued) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 80,000 80,000 80,000 80,000 130,600 111,700 290,600 271,700 $ 564,000 $ 504,000 MUNOZ COMPANY Revenues Sales (net) MUNOZ COMPANY Statements of Income and Retained Earnings For the Years Ended December 31 Year 3 Other revenues Total revenues Expenses Cost of goods sold Selling, general, and administrative Interest expense Income tax expense Total expenses Net earnings (net income) Retained earnings, January 1 Less: Preferred stock dividends Common stock dividends Retained earnings, December 31 Year 4 $ 330,000 10,000 $ 310,000 7,000 340,000 317,000 165,000 133,000 65,000 60,000 11,000 10,200 73,000 72,000 314,000 275,200 26,000 41,800 111,700 77,000 3,200 3,200 3,900 3,900 $ 130,600 $ 111,700

Calculate the following ratios for Year 4 and Year 3. Since Year 2 numbers are not presented do not use averages when calculating the ratios for Year 3. Instead, use the number presented on the Year 3 balance sheet.
Note: Round ratio answers to 2 decimal places unless otherwise indicated.

1. Working capital.
2. Current ratio.
3. Quick ratio.
4. Receivables turnover (beginning receivables at January 1, Year 3, were $44,000).
5. Average days to collect accounts receivable.

   Note: Use 365 days in a year. Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole number.

6. Inventory turnover (beginning inventory at January 1, Year 3, was $150,000).
7. Number of days to sell inventory.

   Note: Use 365 days in a year. Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole number.

8. Debt-to-assets ratio.

   Note: Round your answers to the nearest whole percent.

9. Debt-to-equity ratio.
10. Number of times interest was earned.
11. Plant assets to long-term debt.
12. Net margin.
13. Turnover of assets (average total assets in Year 3 is $504,000).
14. Return on investment (average total assets in Year 3 is $504,000).
15. Return on equity (average stockholders' equity in Year 3 is $271,700).
16. Earnings per share (total shares outstanding is unchanged).
17. Book value per share of common stock.
18. Price-earnings ratio (market price per share: Year 3, $12.25; Year 4, $13.50).

    Note: Round your intermediate calculations and final answer to 2 decimal places.

19. Dividend yield on common stock.