The financial statements of Caylay Technologies Inc. are as follows. The market price of Caylay Technologies Inc. common shares was $40 per share on December 31, 2015. For both years, the company paid dividends of $24,000 an $48,000 to the preferred shareholders and the common shareholders, respectively.

Instructions
Calculate all possible liquidity, efficiency, solvency, and profitability ratios for 2015, rounding to one decimal place, except for earnings per share, which is rounded to two decimal places.

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Caylay Technologies Inc. Income Statement For the Years Ended December 31, 2015 and 2014 2015 2014 Sales Sales returns and allowances. Net sales... Cost of goods sold Gross profit .... Selling expenses. Administrative expenses. Total operating expenses Income from operations. Other income $4,245.000 35.000 4,210,000 1,866,150 2,343,850 907,500 607,500 1,515,000 828,850 60,000 $3,675,000 22,500 3,652,500 1.725,000 1,927,500 862,500 570,000 1,432,500 495,000 45.000 540,000 888,850 Other expense (interest). Income before income taxes Income taxes expense Net income... 196,000 90,000 450,000 142,500 $ 307, 500 692.850 210,000 $ 482,850 Caylay Technologies Inc. Statement of Financial Position December 31, 2015 and 2014 2015 2014 Assets Current assets: Cash.... Temporary investments. Accounts receivable (net) $ 400,000 $ 180,000 614,000 240,000 390,000 283,600 Inventories... 631,000 500,000 Prepaid expenses 45,000 52,500 Total current assets. 2.080.000 324,450 1.256.100 375.000 3,000,000 Long-term investments.. Property, plant, and equipment (net) 3.780.000 $6,184,450 Total assets.. $4,631,100 Liabilities $ 520,000 Current liabilities . $ 427,500 Long-term liabilities: Mortgage note payable, 10%, due 2020 Bonds payable, 12%, due 2024 . 1.000,000 800,000 1,800,000 2,320,000 750.000 Total long-term liabilities Total liabilities 750.000 1.177,500 Shareholders' Equity $3 preferred shares, 8,000 issued and outstanding.. Common shares, 120,000 issued and outstanding Retained earnings... Total shareholders' equity.. 800,000 1.200.000 800,000 1.200.000 1,864,450 1,453,600 3.864,450 3.453,600 $4,631,100 $6,184, 450 Total liabilities and shareholders' equity.