1. THE MERTZON MINERAL WATER COMPANY HAS THE FOLLOWING FINANCIAL DATA: (in no particular order)

SALES $2,500 NET PROFITS $350

INVENTORY $200 FIXED ASSETS $500

BONDS $300 CASH $350

ACCOUNTS RECEIVABLE $120 COMMON STOCK $220

ACCOUNTS PAYABLE $200 RETAINED EARNINGS $150

PAID-IN CAPITAL $400 MARKETABLE SEC. $250

NOTES PAYABLE $150 COST OF GOODS SOLD $1,700

BASED ON THE INFORMATION ABOVE, CALCULATE THE

A. TOTAL ASSET TURNOVER-----------------------------------------------

B. CURRENT RATIO ---------------------------------------

C. RETURN ON EQUITY -----------------------------------

D. RETURN ON INVESTMENT -----------------------------

E. DEBT/EQUITY RATIO -------------------------------------

F. AVERAGE COLLECTION PERIOD ---------------------------------

G. INVENTORY TURNOVER-----------------------------------------------