11. Consider the Ganges Tours, Inc. financial statements below. Calculate the following ratios: a. Current ratio. b. Quick ratio. c. Cash ratio. d. Total Debt ratio e. Debt-Equity ratio. f. Inventory turnover. (Assume "Costs" are costs of Goods sold.) g. Days' sales in inventory. h. Receivables turnover. i. Days' sales in receivables. j. Total Asset turnover. k. Profit margin. 1. Return on assets. m. Return on equity. n. Earnings per share. (Assume 100,000 shares outstanding.) o. Price-earnings ratio. (Assume market price - $10.) p. Market-to-book ratio. q. Dividend payout ratio. Assets Current assets Cash Accounts Receivable Inventory Total Fixed assets Net F/A Total Assets Ganges Tours, Inc. 2016 Income Statement Sales Cost of Goods Sold Other expenses EBIT Interest Expense Taxable Income Taxes (35%) Net Income Dividends Addition to RE Ganges Tours, Inc. 12/31/2016 Balance Sheet $1,000,000 700,000 50.000 $250,000 30,000 $220,000 77.000 $143,000 $25,000 50,000 100,000 175.000 500,000 675,000 $57,200 $85,800 Liabilities and Owners' Equity Current Liabilities Accounts Payable $60,000 Notes Payable Total Long-term Debt Owners' equity (OE) C/S+ surplus Retained Earnings Total OE Total Liab and OE 30,000 90.000 200,000 200,000 185.000 385,000 675.000