1. Compute Alamos current ratio for the year ended 20X1

2. Compute Alamos Days Supply of Inventory for 20X1

3. Compute Alamos Debt Service Margin for the year ended 20X2

BALANCE SHEETS December 31, 20X1 and 20X2 ASSETS 0X2 Current Assets $38,000 70,000 Cash Accounts Receivable (net) 105,000 Inventories (at FIFO Cost) 52,000 Prepaid Expenses 6,000 4,500 $199,500 $172,000 Total Current Assets Non-current Assets (at cost: $208,000 $237,000 Land 150,000 Buildings 150,000 460,000 Equipment 681,000 Less: Accumulated Depreciation 40.00 8,000 Total on-current Assets 578.00 730,000 Total Assets $929,500 $750,000 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts Payable $47,000 $22,000 Notes Payable 32,000 Current Maturities on LT Deb 24,000 $100,000 $103,000 Total Current Liabilities Notes Payable and Debt Long Term 312.000 400,500 Total Liabilities $412,000 $503,500 Stockholders' Equity: $200,000 $220,000 Common Stock (no par value) Retained Earnings 138.000 206,000 Total Stockholders' Equity 38.00 426,000 $929,500 Total Liabilities & Stockholder Equity $750,000