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1. Calculates the ratios listed below based on the financial statement 2. Please make sure to include the ratios listed HERE): a. Ratios: Current, Quick,

1. Calculates the ratios listed below based on the financial statement

2. Please make sure to include the ratios listed HERE):

a. Ratios: Current, Quick, Inventory Turnover, Average Collection Period, Fixed Assets Turnover, Total Asset Turnover, Debt Ratio, Debt to Equity, Times Interest Earned, Gross Profit Margin, Net Profit Margin, Return on Assets, Return on Equity

Balance Sheet

Assets

Liabilities and Owners Equity

Current Assets

Current Liabilities

Cash

$ 20,000.00

Accounts Receivable

10,000.00

Accounts Payable

$ 10,000.00

Inventory

20,000.00

Notes Payable

10,000.00

Total Current Assets

50,000.00

Total Current Liabilities

$ 20,000.00

Long Term Debt

$ 20,000.00

Fixed Assets

Net Fixed Assets

$ 85,000.00

Owners Equity

Common Stock and paid-in surplus

$ 50,000.00

Retained Earnings

45,000.00

Total Owners Equity

$ 95,000.00

Total Assets

$ 135,000.00

Total Liabilities and Owners Equity

$ 135,000.00

Income Statement

Revenue (all sales are credit)

$ 100,000.00

COGS

45,000.00

Depreciation

15,000.00

EBIT

40,000.00

Interest expense

5,000.00

EBT

35,000.00

Taxes

10,000.00

Net Income

$ 25,000.00

Number of shares outstanding

100,000.00

EPS

$ 0.25

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