Use the following comparative balance sheet and select income statement information to answer
		Jonick Inc.
		Comparative Balance Sheet
		December 31, 2017 and 2016
								Dec. 31, 2017		Dec. 31, 2016
	ASSETS
		Current assets:
		Cash						635,000		400,000
		Marketable securities						291,000		260,000
		Accounts receivable (net)						135,000		110,000
		Inventories						64,000		58,000
		Prepaid expenses						153,000		139,000
		Total current assets						1,278,000		967,000
		Long-term investments						2,350,000		2,200,000
		Property, plant, and equipment (net)						1,480,000		1,188,000
		Total assets						5,108,000		4,355,000
		LIABILITIES
		Current liabilities						431,000		400,000
		Long-term liabilities:
		Mortgage note payable, 8%, due 2023						100,000		0
		Bonds payable, 5%, due 2019						1,000,000		1,000,000
		Total long-term liabilities						1,100,000		1,000,000
		Total liabilities						1,531,000		1,400,000
		Stockholders' Equity
		Preferred $0.75 stock, $10 par						200,000		200,000
		Common stock, $10 par						287,000		100,000
		Retained earnings						3,090,000		2,655,000
		Total stockholders' equity						3,577,000		2,955,000
		Total liabilities and stockholders' equity						5,108,000		4,355,000
	There were 20,000 shares of preferred stock outstanding and 10,000 shares of common stock outstanding
	in both years. Preferred dividends during 2017 were $15,000.
	Additional selected information from Jonick's income statement for the year ended December 31, 2017 is as follows:
					Sales			1,268,000
					Cost of goods sold			502,000
					Gross profit			766,000
					Net income			291,000
	Determine the following measures for 2017, rounding to one decimal place unless otherwise indicated.
6.	Ratio of sales to assets												%
7.	Earnings per share on common stock (to the nearest cent)										$
8.	Ratio of liabilities to stockholders equity
9.	Inventory turnover
10.	Ratio of fixed assets to long-term liabilities
11.	Number of days sales in receivables
12.	Current ratio
13.	Rate earned on common stockholders equity
14.	Quick ratio