Current Attempt in Progress The following data are taken from the financial statements of Blossom Company as of the end o alphabetical order. Accounts payable $31,000 Net income $52,000 Accounts receivable 64,000 Other current liabilities 18,000 Cash 32,800 Salaries and wages payable 6,000 Gross profit 166,500 Total assets 275,000 Income before income taxes 56,000 Total liabilities 165,000 Additional information: The average common shares outstanding during the year was 40,000. Compute the following: (Round current ratio and earnings per share to 2 decimal places, eg. $2.51.) (a) Current ratio (b) Working capital $ (c) Earnings per share $ (d) Debts to assets ratio :1 %