The Following Data Are Taken from the Financial Statements of Rosen

The following data are taken from the financial statements of Rosen, Inc. as of the end of the year 2014. The data are in alphabetical order. $$\begin{array} { l r l r } \text { Accounts payable } & \$ 28,000 & \text { Net income } & \$ 48,000 \\\text { Accounts receivable } & 66,000 & \text { Other current liabilities } & 17,000 \\\text { Cash } & 24,000 & \text { Salaries and wages payable } & 5,000 \\\text { Gross profit } & 160,000 & \text { Total assets } & 250,000 \\\text { Income before income taxes } & 54,000 & \text { Total liabilities } & 175,000\end{array}$$ Additional information: The average common shares outstanding during the year was 40,000.
Instructions
Compute the following:
(a) Current ratio. (c) Earnings per share.
(b) Working capital. (d) Debts to assets ratio.