Problem $14\mathrm{.}6$A $($Static$)$ Financial Statement Analysis $($LO$14-4,$ LO$14-5,$ LO$14-7)$

Shown as follows is selected information from the financial statements of Dickson, Incorporated, a retail furniture store:

From the balance sheet:

Cash $ $30,000$

Accounts receivable $150,000$

Inventory $200,000$

Plant assets $($net of accumulated depreciation$)500,000$

Current liabilities $150,000$

Total stockholders' equity $300,000$

Total assets $1,000,000$

From the income statement:

Net sales $ $1,500,000$

Cost of goods sold $1,080,000$

Operating expenses $315,000$

Interest expense $84,000$

Income tax expense $6,000$

Net income $15,000$

From the statement of cash flows:

Net cash provided by operating activities $($including interest paid of $$79,000)$ $ $40,000$

Net cash used in investing activities $(46,000)$

Financing activities:

Amounts borrowed $ $50,000$

Repayment of amounts borrowed $(14,000)$

Dividends paid $(20,000)$

Net cash provided by financing activities $16,000$

Net increase in cash during the year $ $10,000$

Required:

Compute the following:

Note: Round ratios to $1$ decimal place.