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Hue ilil JUNI -A ab X Heading 1 Heading 2 Styles Font Paragraph 12/31/2018 12/31/2017 12/31/2016 12/31/2015 Current Assets Cash And Cash Equivalents Short Term Investments Net Receivables Inventory Other Current Assets Total Current Assets 8,719,000 10,607,000 9,157,000 9,095,000 270,000 8,897,000 6,966,000 2,912,000 7,140,000 7,021,000 6,693,000 6,436,000 3,126,000 2,944,000 2,722,000 2,719,000 2,042,000 43,000 31,000 730,000 21,297,000 29,512,000 25,569,000 21,892,000 Long Term Investments Property Plant and Equipment Goodwill Intangible Assets Other Assets Total Assets 2,407,000 2,039,000 1,949,000 2,310,000 17,587,000 17,237,000 16,590,000 16,316,000 14,806,000 14,741,000 14,429,000 14,176,000 15,823,000 13,835,000 13,432,000 13,080,000 5,122,000 910,000 635,000 749,000 77,042,000 78,274,000 72,604,000 68,523,000 Current Liabilities Accounts Payable Short/Current Long Term Debt Other Current Liabilities Total Current Liabilities 7,211,000 6,724,000 6,157,000 5,545,000 3,951,000 4,017,000 4,400,000 3,108,000 6,601,000 4,112,000 3,870,000 3,882,000 17,763,000 14,853,000 14,427,000 12,535,000 Long Term Debt Other Liabilities Total Liabilities 28,293,000 33,793,000 30,052,000 29,591,000 12,611,000 14,522,000 11,102,000 10,466,000 58,667,000 63,168,000 55,581,000 52,592,000 I Stockholders' Equity Total Stockholder Equity 18,375,000 15,106,000 17,023,000 15,931,000 ge Paragraph or Styles Touaregives | 12/31/2018 12/31/2017 12/31/2016 12/31/2015 Revenue Total Revenue Cost of Revenue Gross Profit 51,728,000 57,902,000 56,519,100 56,488,000 23,502,000 25,340,000 25,399,800 25,283,000 28,226,000 32,562,000 31,119,300 31,205,000 Operating Expenses Selling General and Administrative Operating Income or Loss 19,184,000 20,706,000 21,225,600 20,736,000 9,042,000 11,856,000 9,893,700 10,469,000 Income from Continuing Operations Other Income/Expenses Net Interest Expense Income Before Tax -1,148,000 1,220,000 6,674,000 -1,507,000 1,288,000 9,061,000 -1,508,400 -2,256,000 1,207,800 853,000 7,177,500 7,360,000 Income Tax Expense 2,696,000 4,130,000 1,956,600 1,708,000 Double-click to hide white space X, X A. LA 1 Normal 1 No Spac.. Heading 1 Heading Font Paragraph F Styles Attached are the financial statements for Smith Company, Inc. Use the financial statements to calculate the attached ratios. Write a couple sentences interpreting the ratio. Calculate and interpret the following debt ratios: debt ratio, debt-equity ratio, and times interest earned. Calculate and interpret the following profitability ratios: operating profit margin, net profit margin, return on assets, and return on equity. I Clipboard Font Alignment Number G18 F G . T B 12/31/2018 12/31/2017 12/31/2016 12/31/2015 1. 2 Current Assets 3 Cash And Cash Equivalents 4 Short Term Investments 5 Net Receivables 6 Inventory 7 Other Current Assets 8 Total Current Assets 8,719,000 10,607,000 9,157,000 9,095,000 270,000 8,897,000 6,966,000 2,912,000 7,140,000 7,021,000 6,693,000 6,436,000 3,126,000 2,944,000 2,722,000 2,719,000 2,042,000 43,000 730,000 21,297,000 29,512,000 25,569,000 21,892,000 31,000 10 Long Term Investments 2,407,000 2,039,000 1,949,000 2,310,000 11 Property Plant and Equipment 17,587,000 17,237,000 16,590,000 16,316,000 12 Goodwill 14,806,000 14,741,000 14,429,000 14,176,000 13 Intangible Assets 15,823,000 13,835,000 13,432,000 13,080,000 14 Other Assets 5,122,000 910,000 635,000 749,000 15 Total Assets 77,042,000 78,274,000 72,604,000 68,523,000 16 17 Current Liabilities 18 Accounts Payable 7,211,000 6,724,000 6,157,000 5,545,000 19 Short/Current Long Term Debt 3,951,000 4,017,000 4,400,000 3,108,000 20 Other Current Liabilities 6,601,000 4,112,000 3,870,000 3,882,000 21 Total Current Liabilities 17,763,000 14,853,000 14,427,000 12,535,000 23 Long Term Debt 28,293,000 33,793,000 30,052,000 29,591,000 Balance Sheet Income Statement Projects e OM X] 11 Property Plant and Equipment 17,587,000 17,237,000 16,590,000 16,316,000 12 Goodwill 14,806,000 14,741,000 14,429,000 14,176,000 13 Intangible Assets 15,823,000 13,835,000 13,432,000 13,080,000 14 Other Assets 5,122,000 910,000 635,000 749,000 15 Total Assets 77,042,000 78,274,000 72,604,000 68,523,000 10 17 Current Liabilities 18 Accounts Payable 19 Short/Current Long Term Debt 20 Other Current Liabilities 21 Total Current Liabilities 7,211,000 6,724,000 6,157,000 5,545,000 3,951,000 4,017,000 4,400,000 3,108,000 6,601,000 4,112,000 3,870,000 3,882,000 17,763,000 14,853,000 14,427,000 12,535,000 28,293,000 33,793,000 30,052,000 29,591,000 12,611,000 14,522,000 11,102,000 10,466,000 58,667,000 63,168,000 55,581,000 52,592,000 22 23 Long Term Debt 24 Other Liabilities 25 Total Liabilities 20 27 Stockholders' Equity 28 Total Stockholder Equity 29 30 31 32 18,375,000 15,106,000 17,023,000 15,931,000 Balance Sheet Income Statement Projects e 0 a W DLL Clipboard Font Alignment Number J8 fx . F H D 12/31/2018 12/31/2017 12/31/2016 12/31/2015 51,728,000 57,902,000 56,519,100 56,488,000 23,502,000 25,340,000 25,399,800 25,283,000 28,226,000 32,562,000 31,119,300 31,205,000 19,184,000 20,706,000 21,225,600 20,736,000 9,042,000 11,856,000 9,893,700 10,469,000 2 Revenue 3 Total Revenue 4 Cost of Revenue 5 Gross Profit 6 7 Operating Expenses 8 Selling General and Administrative 9 Operating Income or Loss 10 11 Income from Continuing Operations 12 Other Income/Expenses Net 13 Interest Expense 14 Income Before Tax 15 16 Income Tax Expense 17 Net Income 18 -1,148,000 1,220,000 6,674,000 -1,507,000 1,288,000 9,061,000 -1,508,400 1,207,800 7,177,500 -2,256,000 853,000 7,360,000 2,696,000 3,978,000 4,130,000 4,931,000 1,956,600 5,220,900 1,708,000 5,652,000 19 a Balance Sheet Income Statement Projects + FER 07 Clipboard Font Alignment C10 E G H 1 2 Project A 3 Project B 4 Project C 5 B Year 0 -100,000 -250,000 -500,000 C Year 1 50,000 100,000 400,000 D Year 2 30,000 100,000 50,000 Year 3 30,000 50,000 50,000 Year 4 20,000 50,000 50,000 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Balance Sheet Income Statement Projects