The Following Information Relates to Seeley Corporation Required:
A

The following information relates to Seeley Corporation.
$\begin{array}{|l|c|c|}\hline \text { Account } & \text { Current year } & \text { Prior year } \\\hline \text { Net sales (all credit) } & \$ 52,000 & \$ 46,000 \\\hline \text { Cost of goods sold } & \$ 25,000 & \$ 25,600 \\\hline \text { Gross profit } & \$ 27,000 & \$ 20,400 \\\hline \text { Income from operations } & \$ 9,000 & \$ 6,000 \\\hline \text { Interest expense } & \$ 1,000 & \$ 7,000 \\\hline \text { Net income } & \$ 5,000 & \$ 4,500 \\\hline \text { Cash } & \$ 4,000 & \$ 3,500 \\\hline \text { Accounts receivable, net } & \$ 8,000 & \$ 9,000 \\\hline \text { Inventory } & \$ 13,000 & \$ 11,000 \\\hline \text { Prepaid expenses } & \$ 500 & \$ 400 \\\hline \text { Total current assets } & \$ 25,500 & \$ 23,900 \\\hline \text { Total long-term assets } & \$ 25,000 & \$ 30,000 \\\hline \text { Total current liabilities } & \$ 15,000 & \$ 22,500 \\\hline \text { Total long-term liabilities } & \$ 6,000 & \$ 20,000 \\\hline \begin{array}{l}\text { Common stock, no par, } \\2,000 \text { shares, value } \$ 30 / \text { share }\end{array} & \$ 10,000 & \$ 10,000 \\\hline\end{array}$
Required:
a.What is the book value per share of common stock for the current year?
b.What is the price-earnings ratio for the current year?
c.What is the rate of return on total assets for the current year?
d.What is the times-interest-earned ratio for the current year?