Required:

For $2014,$ calculate:

$1)$ Current ratio

$2)$ Quick ratio

$3)$ Working capital

$4)$ Accounts receivables turnover

$5)$ Days of sales outstanding $($DSO$)$

$6)$ Inventory turnover

$7)$ Days of inventory on hand $($DOH$)$

$8)$ Cash conversion cycle: assuming ABC Company$$s current liabilities include accounts payable only. Hint: Use the inventory's T$-$account to compute "Purchase" before calculating payable turnover.

$9)$ Interest coverage ratio: assuming interest expense equals to interest payment

$10)$ ROA

$11)$ In a common size income statement for $2014,$ what should the cost of goods sold be expressed as$?($i$.$e$.,$ what number$/$percentage should be reported?$)$

$12)$ In a common size balance sheet for $2014,$ what should accounts receivable be expressed as$?($i$.$e$.,$ what number$/$percentage should be reported?$)$

$13)$ Which of the ratios you calculated in parts $1-10$ are used to measure profitability? List at least one.

$14)$ Which of the ratios you calculated in parts $1-10$ are used to measure solvency? List at least one.

$15)$ Which of the ratios you calculated in parts $1-10$ are used to measure liquidity? List at least two.

$16)$ Which of the ratios you calculated in parts $1-10$ are used to measure efficiency? List at least two.