Performance Analysis and Break-Even Analysis of CASIO WATCH COMPANY

 The condensed financial statements of the Casio Watch Company for the year ended December 31, 19—, appeared as: 

                                          CASIO WATCH COMPANY
                                   Consolidated Balance Sheet as of December 31, 19
Assets
Cash                                           $ 750,000 

Receivables                                 3,508,000 

Inventories                                  2,217,000 

Plant and equipment                    1,353,000 

Total                                         $7,828,000

Liabilities and Capital

Accounts and notes payable.     $1,494,000

Accruals payable                           368,000

Capital stock                             4,387,000

Retained earnings                       1,579,000
Total                                         $7,828,000

                               Consolidated Income Statement for the Year 19

Sales                                                              $6,491,000
Cost of goods sold                                           4,676,000
Gross profit                                                    $1,815,000
Marketing and administrative expenses                 804,000
Net operating income before income taxes. . . $1,0 11,000

Required: (1) The current ratio.
(2) The acid-test ratio.
(3) The net operating income as a percentage of sales.
(4) The rate of return on capital employed.

(5) The break-even point in dollars if 75% of the cost of goods sold figure consists of variable costs, and 80% of the marketing and administrative expenses consists of fixed costs.