Corsig Corporation Had the Following Comparative Current Assets and Current

Corsig Corporation had the following comparative current assets and current liabilities: $\begin{array}{lrr}&\text { Dec. } 31,2014&\text { Dec. } 31,2013\\\text { Current assets } & & \\\text { Cash } & \$ 25,000 & \$ 30,000 \\\text { Debt investments } & 40,000 & 10,000 \\\text { Accounts receivable } & 60,000 & 90,000 \\\text { Inventory } & 110,000 & 90,000 \\\text { Prepaid expenses } & 35,000 & 25,000 \\\quad \text { Total current assets } & \$ 270,000 & \$ 245,000 \\\text { Current liabilities }\\\text { Accounts payable } & \$ 120,000 & \$ 110,000 \\\text { Salaries and wages payable } & 40,000 & 30,000 \\\text { Income tax payable } & 10,000 & 15,000 \\\quad \text { Total current liabilities } & \$ 170,000 & \$ 155,000\end{array}$ During 2014, net credit sales and cost of goods sold were $570,000 and $350,000, respectively. Net cash provided by operating activities for 2014 was $140,000.
Instructions
Compute the following liquidity measures for 2014:
1. Current ratio
2. Current cash debt coverage
3. Accounts receivable turnover
4. Inventory turnover