The comparative financial statements of Vision International, Inc., are as follows. The market price of Vision International, Inc., common stock was $20 on December 31, 2007.

Instructions
Determine the following measures for 2007, rounding to one decimal place:
1. Working capital
2. Current ratio
3. Quick ratio
4. Accounts receivable turnover
5. Number of days' sales in receivables
6. Inventory turnover
7. Number of days' sales in inventory
8. Ratio of fixed assets to long-term liabilities
9. Ratio of liabilities to stockholders' equity
10. Number of times interest charges earned
11. Asset turnover
12. Rate earned on total assets
13. Rate earned on stockholders' equity
14. Earnings per share on common stock
15. Price-earnings ratio
16. Dividends per share of common stock
17. Dividend yield
18. DuPont formula
19. Leverageformula

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Vision International, Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2007 and 2006 2007 $375,000 68,000 $443,000 2006 $327,000 67,000 394,000 Retained earnings, January 1 Add net income for vear Total Deduct dividends: $15,000 7,000 22.000 $421,000 On preferred stock On common stock 12,000 7,000 Total 19,000 5375,000 Retained earnings, December 31 Vision International, Inc. Comparative Income Statement For the Years Ended December 31, 2007 and 2006 2007 2006 Net sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total operating expenses Income from operations Other income $1,050,000 400,000 650,000 $ 270,000 195,000 465,000 $185,000 20,000 $ 205,000 96,000 109,000 41,000 $68,000 960,000 390,000 $570,000 $275,000 165,000 $440,000 130,000 15,000 145,000 48,000 97,000 30,000 67,000 Other expense (interest) Income before income tax Income tax expense Net income Vision International, Inc. Comparative Balance Sheet December 31, 2007 and 2006 Dec. 31, 2007 Dec. 31, 2006 Assets Current assets: Cash Marketable securities Accounts receivable (net) Inventories Prepaid expenses 165,000 398,000 199,000 84,000 25,000 S 871,000 300,000 1,040,000 $2,211.000 126,000 254,000 165,000 52,000 18,000 S615,000 200,000 760,000 $1,575,000 Total current assets Long-term investments Property, plant, and equipment (net) Total assets Liabilities 290,000 250,000 Current liabilities Long-term liabilities: 300,000 600,000 900,000 $1.190.000 Mortgage note payable, 8%, due 2012 Bonds payable, 12%, due 2016 400,000 S 400,000 650,000 Total long-term liabilities Total liabilities Stockholders' Equity Preferred $6 stock, $100 par Common stock, $10 par Retained earnings 250,000 350,000 421,000 $1,021,000 $2,211,000 200,000 350,000 375,000 925,000 $1,575,000 Total stockholders' equity Total liabilities and stockholders' equity