The financial statements for Chicago Refrigerator Inc. (see Tables 14.15 and 14.16) are to be used to compute the ratios a through h for 2016.
TABLE 14.15 Chicago Refrigerator Inc. balance sheet, as of December 31 ($ thousand)

TABLE 14.16 Chicago Refrigerator Inc. income statement, years ending December 31 ($ thousand)

a. Quick ratio.
b. Return on assets.
c. Return on common shareholders' equity.
d. Earnings per share of common stock.
e. Profit margin.
f. Times interest earned.
g. Inventory turnover.
h. Leverage ratio.

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2016 2015 Assets Current assets $ 325 $ 683 Cash 1,490 3,599 Accounts receivable 2,423 Inventories 1,415 Prepaid expenses 15 13 $3,603 $6,360 Total current assets Property, plant, equipment, net 1,066 1,541 Other 123 157 $4.792 $8,058 Total assets Liabilities Current liabilities $ 875 Notes payable to bank Current portion of long-term debt 38 115 Accounts payable 485 933 Estimated income tax 588 472 Accrued expenses 576 586 Customer advance payment 34 963 $1,721 $3,945 Total current liabilities Long-term debt 122 179 Other liabilities 81 131 $1,924 $4,255 Total liabilities Shareholders' equity Common stock, $1 par value 1,000,000 shares authorized; 550,000 and 829,000 outstanding, respectively $ 550 $ 829 Preferred stock, Series A 10%; $25.00 par value; 25,000 authorized; 20,000 and 18,000 outstanding, respectively 500 450 Additional paid-in capital 450 575 Retained earnings 1,368 1,949 Total shareholders' equity $2,868 $3,803 Total liabilities and shareholders' equity $4,792 $8,058 %24 2015 2016 Net sales $7,570 $12,065 Other income, net 261 345 Total revenues $7,831 $12,410 Cost of goods sold $4,850 $ 8,048 General administrative and marketing expenses 1,531 2,025 Interest expense 22 78 $6,403 $10,151 $ 2,259 Total costs and expenses Net income before tax $1,428 Income tax 628 994 Net income $ 800 $ 1,265