The 2016 and 2017 financial statements of Ken’s Sportswear follow:

Balance Sheet		2017		2016
Assets
Cash		$9,000		$7,000
Accounts receivable		12,000		9,000
Inventory		18,000		15,000
Property, plant, and equipment		60,000		50,000
Total assets		$99,000		$81,000
Liabilities and Shareholders’ Equity
Accounts payable		$16,500		$12,000
Notes payable		46,000		40,000
Common stock		25,000		25,000
Retained earnings		11,500		4,000
Total liabilities and equity		$99,000		$81,000
Income Statement
Sales (all on credit)		$72,000
Less: Cost of goods sold		30,000
Gross profit		$42,000
Operating expenses		12,000
Net income from operations		$30,000
Interest expense		5,000
Net income before taxes		$25,000
Income tax expense		8,500
Net income		$16,500
Dividends		$9,000
Per-share market price		$36		$30
Outstanding common shares		2,000		2,000

(a) Compute all relevant ratios for 2017. (Round return on equity, return on assets, return on sales and dividend yield to 3 decimal places, e.g. 1.246. Round earnings per share, interest coverage, current ratio, quick ratio, receivable turnover, inventory turnover, debt/equity ratio, price/earnings ratio and return on investments to 2 decimal places, e. g. 1.25.)

Return on Equity
Return on Assets
Earnings per Share		$
Return on Sales
Interest Coverage
Current Ratio
Quick Ratio
Receivables Turnover
Inventory Turnover
Debt/Equity
Price/Earnings Ratio
Dividend Yield
Return on Investment