The Following Information Applies to Markham Company Additional Information: Net Credit Sales Equal $220,000 and Beginning Accounts

The following information applies to Markham Company: $\begin{array}{|l|r|}\hline \text { Assets } \\\hline \text { Cash }& \$ \quad 6,000 \\\hline \text { Accounts receivable } & 13,000 \\\hline \text { Inventory } & 16,000 \\\hline \text { Plant and equipment, net } & 21,000 \\\hline \text { Land } & \underline { 19,000} \\\hline \text { Total assets }& \underline { \$ \quad 75,000 }\\\hline \\\hline \text { Liabilities and stockholders' equity }\\\hline \text { Accounts payable }& \$ \quad5,000\\\hline \text { Salaries payable } & 10,000 \\\hline \text { Bonds payable (due 2020) } & 12,000 \\\hline \text { Capital stock, no par } & 23,000 \\\hline \text { Retained earnings } & \underline { 25,000} \\\hline \text { Total liabilities and stockholders' equity }& \underline { \$ \quad 75,000 }\\\hline\end{array}$ Additional information: Net credit sales equal $220,000 and beginning accounts receivable were $11,000.
Required:
Compute Markham's:
(a)Quick ratio
(b)Current ratio
(c)Working capital
(d)Accounts receivable turnover
(e)Average days to collect receivables
Round your answers to two decimal places.