Given below are comparative balance sheets and an income statement for the Copper Corporation:

Copper Corporation Balance Sheets Current Year Dec. 31 Jan. 1				Copper Corporation Income Statement for the Current Year
Cash	$ 31,600	$ 26,900		Sales	$936,000
Accounts receivable	252,000	216,000		Cost of goods sold	(515,000)
Inventory	173,000	178,000		Gross profit on sales	$421,000
Equipment (net)	129,000	152,000		Operating expenses	(332,000)
	$585,600	$572,900		Operating income	$ 89,000
Accounts payable	$135,000	$147,000		Interest expense and income taxes	(39,000)
Dividends payable	18,000	14,000		Profit	$ 50.000
Share capital, $9 par	90,000	90,000
Retained earnings	342,600	321,900
	$585,600	$572,900

All sales were made on account. Cash dividends declared during the year totaled $29,300.

Compute and interpret the following:

a Average accounts receivable turnover

b Book value per share at the end of the current year

c Earnings per share

d Return on assets

e Return on ordinary shareholders equity