1. Current ratio

2. Quick ratio

3. Debt to Equity Ratio

4. Times Interest Ratio

5. Inventory Turnover Ratio

Assets Current Assets Cash Accounts Receivable Prepaid Insurance Supplies Inventory Total Current Assets Property Plant & Equipment Land Equipment Accumulated Depreciation Total Net PPE Total Assets Curr Year $ 88,700 18,000 1,000 6,000 50,000 $ 163,700 Prior Year $ 12,000 8,000 10,000 2,000 30,000 $ 62,000 $ 81,500 $ 81,500 150,000 100,000 (37,000) (30,000) 194,500 151,500 358,200 $ 213,500 $ Liabilities & Stockholders Equity Current Liabilities Accounts Payable Salaries Payable Unearned Revenue Total Current Liabilities 47,000 $ 5,000 17,000 15,000 3,000 67,000 $ 20,000 Long Term Debt $ 150,000 $100,000 Stockholders Equity Retained Earnings Common Stock Total Stockholders Equity $ Total Liabilities & Stockholders Equity $ 86,200 55,000 141,200 358,200 38,500 55,000 $ 93,500 $ 213,500 Revenue Sales COGS Gross Profit $ 200,000 (60,000) 140,000 Expenses: Rent Expense Utilities Expense Salaries Expense Supplies Expense Insurance Expense Depreciation Expense Interest Expense Net Income 12,000 5,000 52,000 3,000 9,000 7,000 300 88,300 $ 51,700