Financial Ratios
Given Below Are Comparative Balance Sheets and an Income

Financial ratios
Given below are comparative balance sheets and an income statement for the Excellent Corporation:
All sales were made on account. Cash dividends declared during the year totaled $58,550. Compute the following:
$\begin{array}{ll} \text { (a) Average accounts receivable turnover } & \text {\underline{\quad\quad}times } \\ \text { (b) Average inventory turnover } & \text { \underline{\quad\quad}times } \\ \text { (c)Earnings per share capital } & \text { \$\underline{\quad\quad} } \\ \text { (d) book value per share capital at year-end} & \text { \$\underline{\quad\quad} } \\ \text { (e) Current ratio at year-end } & \text {\underline{\quad\quad} to 1 } \\ \text { (f) Quick ratio at beginning of year } & \text { \underline{\quad\quad} to 1 } \\ \text { (g) Debtratio at year-end } & \text {\underline{\quad\quad}\% } \\ \text {(h) Operating expense ratio } & \text {\underline{\quad\quad}\% } \\ \text {(i) Retuin on assets } & \text {\underline{\quad\quad}\% } \\ \text {(i) Return on ordinary shareholdres' equity } & \text { \underline{\quad\quad}\% } \\\end{array}$