Jannus Supply Corporation reported these figures:

Jannus Supply has 2,500 shares of common stock outstanding. Its stock has traded ­recently at $ 34.50 per share. You would like to gain a better understanding of Jannus Supply€™s financial position. Calculate the following ratios for 2014 and interpret the results:
a. Inventory turnover
b. Days€™ sales in receivables
c. Acid- test ratio
d. Times- interest- earned
e. Return on stockholders€™ equity
f. Earnings per share
g. Price/ earningsratio

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Jannus Supply Corporation Balance Sheets December 31, 2014 and 2013 (amounts in thousands lannus Supply Corporation For the Year Ended totcenent For the Year Ended December 31, 2014 famounts in thousands 2014 2013 2014 Assets les rovenues Less: Cost of goods sold 14,600 7 Current assets: 8 Cash 9 Accounts recevable 10 Inventory 11 Other current assets 12 Total current assets 13Other assets 14 Total assets 15 16 5 3,000 2,300 Gross profit 2,400 2,100 500 Less: Operating expenses Operating income Less: Interest expense Income before income taxes Loss: Income tax expense 9,200 4,500 700 2,200 1,500 5 4, 9,0008,250 4,500 30,000 2500 Net income S 23 Uabilities 17 Total current liabilities 18 Long-term li abilities 19 Total liabilities 20 21 22 Total common stockholders'equity 23 24 Total liabilities and equity 25 10,000 9,000 ,000 S 17,0005 15,000 Stockholders' equity 13,000 30,000S 25000