Kenley Corporation Comparative Balance Sheets June 30, 2013 and June 30 2014 Assets 2013 2014 Cash 12,500 69,900 Accounts Receivable 36,000 31,000 Inventory 51,400 46,400 Prepaid Expenses 2,600 3,200 Furniture 60,000 55,000 Accumulated Depr. - Furniture (5,000) (9,000) Total Assets 157,500 196,500 Liabilities & Stockholder's Equity Accounts Payable 24,000 23,000 Income tax payable 4,800 4,200 Notes Payable (Long term) 35,000 37,000 Common Stock $10 par value 90,000 115,000 Retained Earnings 3,700 17,300 Total Liabilities & S/E 157,500 196,500 Sales 284,000 Cost of Goods Sold 206,000 Gross Profit 78,000 Operating Expenses 45,000 Operating Income 33,000 Interest expense 2,800 Income before income taxes 30,200 Income tax expense 12,300 Net Income 17,900 Paid Dividends of $13,500 Market Price is $14.85

Find the following ratios for 2014: 1. Current Ratio 2. Quick Ratio 3. Accounts Receivable Turnover 4. Days to Collect 5. Inventory Turnover 6. Days on hand 7. Payable Turnover 8. Days to pay 9. Debt to Equity Ratio 10. Number of times interest Earned 11. Profit Margin 12. Assets Turnover 13. Return on Assets 14. Return on Equity 15. Earnings per Share 16. Price/Earnings Ratio 17. Dividend Yield