1. compute the net sale for each year

2. compute the cost of good sold in dollars and as percentage of net sales for each year

3. Gross profit rate

4. Dollar percentage for Cash, inventory, and owner equity

5. Trend percentage for net sales, cash and account receivable

6. Component percentage for operating income, medical equipment and unearned revenue. Round to a whole number percentage.

7. Current ratio for 2019 & 2020.

8. Quick ratio for 2020

9. Working capital for 2020

10. Debt ratio for 2020

11. Earning per share for 2020

12. Return on Asset for 2020

13. Return in equity for 2020

14. Average number of days to convert accounts receivable to cash for 2020

15. Average number of days to convert inventory to sell for 2020

16. P.E Ratio for 2020 when the selling price of the company stock is $18.78

1. Financial statement Analysis MAN LAUGH INC. Accounting Information: The Company uses 365 days as days in a year. 2019 2020 Debit Credit Debit Credit 4,000 8,000 Account payable Account Receivable 22,600 18,100 28,000 56,000 Accumulated Depreciation Medical Equipment Capital Stock (180,000 common stock outstanding) Cash Dividends Income Tax Payable Inventory Marketable security Medical Equipment Notes Payable Office Supplies Prepaid Rent Retained Earnings Unearned Medical Fees TOTAL 540,000 540,000 88,500 125,800 44,000 22,000 6,300 12,000 250800 210000 40500 504200 480,000 540,000 48,000 248,000 16,000 16,000 24,000 50,000 220,680 540,250 119,420 81,850 966,400 966,400 1,486,100 1,486,100 640,000 780,000 Gross Profit on sales Income before income tax 530,000 351,000 590,000 420,200 Net income Net income as a percentage of net sales 15% 12%