Using common-size analysis, the accounts receivable ratio (common size ratio of accounts receivable) is:

Select one:

a.

17.2%

b.

28.8%

c.

None of the choices

d.

Cannot be determined

e.

11.5%

Assets Cash Marketable securities Accounts receivable Inventory Total current assets Fixed assets (net) Total assets $ 1,500 2,500 15,000 33,000 $52,000 35,000 $87,000 Balance Sheet (5000) Liabilities & Stockholders' Equity Accounts payable Notes payable Total current liabilities Long-term debt Total liabilities Common stock (par value) Contributed capital in excess of par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $12,500 12,500 $25,000 22,000 $47,000 5,000 18,000 17,000 $40,000 $87,000 Income Statement (5000) Sales (all on credit) Cost of sales Gross margin Operating expenses* Earnings before interest and taxes Interest expense Earnings before taxes Income tax Earnings after taxes $130,000 103,000 $ 27,000 16,000 $ 11,000 3,000 $ 8,000 3,000 $ 5,000 *Includes $200 (000) in lease payments. Other Information Stock price Book value/share Number of shares $9.50 $8.00 5,000 (000)