Financial Statements for Boston Corporation Are Presented Below Note: Dividends of $0

Financial statements for Boston Corporation are presented below.
$\begin{array}{c}\text {Boston Corporation }\\\text {Comparative Balance Sheet}\\\text { December 31}\\\begin{array}{|lrr|}\hline\text { Assets } & 2010 & 2009\\\text { Cash } & \$ 120,000 & \$ 110,000 \\\text { Accounts receivable (net) } & 135,000 & 95,000 \\\text { Inventory } & 270,000 & 240,000 \\\text { Property, plant, and equipment (net) } & 750,000 & 800,000 \\\text { Total assets } & \$ 1,275,000 & \$ 1,245,000 \\\\\text { Liabilities and Stockholders' Equity }\\\text { Accounts payable } & \$ 152,000 & \$ 208,000 \\\text { Accrued liabilities } & 12,000 & 16,000 \\\text { Bonds payable, } 10 \text { percent } & 160,000 & 160,000 \\\text { Common stock, } \$ 10 \text { par } & 500,000 & 500,000 \\\text { Retained earnings } & 451,000 & 361,000 \\ \text { Total liabilities and stockholders' equity } & \$ 1.275,000 & \$ 1,245,000\\\hline\end{array}\end{array}$
$\begin{array}{c} \text { Boston Corporation}\\ \text { Income Statement}\\ \text { For the Year Ended December 31, 2010}\\\begin{array}{lrr} \text { Net sales } & & \$ 1,200,000 \\ \text { Cost of goods sold } & & 700,000 \\\text { Gross margin } & & \$ 500,000 \\ \text { Operating expenses } & & \\ \text { Depreciation expense } & \$ 70,000 & \\\text { Interest expense } & 10,000 & \\ \text { Other expenses } & 260,000 & 340,000 \\ \text { Income before income taxes } & & \$ 160,000 \\\text { Income taxes expense } & & 40,000 \\ \text { Net income } & & \$ 120,000 \\\end{array}\end{array}$ Note: Dividends of $0.60 per share were declared and paid during 20x8.The market price of the stock on December 31,2010 was $18.00 per share.
Compute the following for 2010and place your answers in the spaces provided.Round answers to two decimal places.Show your work.
$$\begin{array} { | l | l | l |l| } \hline \text { Current ratio } &\quad\quad& \text { Payables turnever } &\quad\quad \\\hline \text { Receivable turnever } && \text { Days' inventary an hand } & \\\hline \text { Inventary turnever } && \text { Interest coverage ratio } & \\\hline \text { As5et turnover } && \text { Retun an equity } & \\\hline\end{array}$$