The following selected accounts were taken from the financial records of Sonoma Valley Distributors at December 31, 20X1. All accounts have normal balances.

Cash$31,340Accounts receivable67,900Note receivable, due 20X210,250Merchandise inventory36,000Prepaid insurance4,350Supplies1,410Equipment63,500Accumulated depreciation, equipment23,500Note payable to bank, due 20X234,000Accounts payable27,000Interest payable350Sales545,500Sales discounts3,400Cost of goods sold348,540

Accounts Receivableat December 31, 20X0, was $52,550.Merchandise Inventoryat December 31, 20X0, was $58,200. Based on the account balances above, calculate the following:

1. The gross profit percentage
2. Working capital
3. The current ratio
4. The inventory turnover
5. The accounts receivable turnover. All sales were on credit.