A partial balance sheet for Captain D Sportswear is shown below

A partial balance sheet for Captain D Sportswear is shown below.

 (dollars in thousands)

Assets:   Liabilities:   Cash$66 Accounts payable$248 Accounts receivable (net) 179 Other liabilities 89 Investments 57 Total current liabilities 337 Inventory 203 Long-term liabilities 114 Prepaid rent 27 Total liabilities 451 Total current assets 532 Stockholders' equity:   Property & Equipment, (net) 261 Common stock 151     Retained earnings 191     Total stockholders' equity 342 Total assets$793 Total liabilities and equity$793 

The current ratio is: (Round your answer to 2 decimal places.)

Multiple Choice

• 1.18.
• 1.58.
• 2.62.
• 0.67.

Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below:

2021 2020Accounts receivable$30,000$42,000Inventory 29,000 38,000Net sales (all credit) 199,000 193,000Cost of goods sold 120,000 115,000Total assets 427,000 412,000Total stockholders' equity 244,000 227,000Net income 34,000 37,000

Stealth Company's 2021 receivables turnover ratio is:

Multiple Choice

• 6.53 times.
• 4.00 times.
• 5.53 times.
• 14.23 times.

Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below:

2021  2020Accounts receivable$84,000 $83,000Inventory 89,000  73,000Net sales 430,000  376,000Cost of goods sold 263,000  218,000Total assets 830,000  755,000Total stockholders' equity 480,000  450,000Net income 74,000  51,000

TPX Company's 2021 return on equity is: (Round your answer to 1 decimal place.)

Multiple Choice

• 15.9%.
• 3.2%.
• 15.4%.
• 1.5%.