2 Balance Sheet 3 Assets 4557 4 Current Assets: Cash $ 20,000 $ 15,000 This Year Last Year In the Blue spaces below, provide the given ratio for This year to two decimal places. 6 Accounts Receivable 7 Inventory $ 22,000 $ 25,000 $ 12,000 $15,000 8 Total Current Assets 9 Property, Plant & Equipment (net) Total Assets Liabilities & Equities 10 11 12 13 Liabilities: 14 Total Current Liabilities 15 Bonds Payable $ 254,000 $225,000 $ 54,000 $ 55,000 Current Ratio $200,000 $170,000 Quick Ratio 16 Totol Liabilities 17 Equities: 18 Common Stock 19 Retained Earnings $ 2,500 S 3,000 $ 80,000 $ 75,000 $ 82,500 $ 78,000 $ 100,000 $ 100,000 $ 71,500 $ 47,000 $ 171,500 $ 147,000 20 Total Equities 21 Total Liabilities & Equities $ 254,000 $225,000 22 Accounts Receivable Turnover Average Collection Period Inventory Turnover Average Sales Period Operating Cycle Times Interest Earned Ratio Debt-to-Equity Ratio Return on total assets (ROA) Return on Equity (ROE 23 Income Statement 24 Sales Revenue 25 Cost of Goods Sold 26 Gross Margin 27 Selling & Administrative Expenses 28 Operating Income 29 Interest Expense 228 50 Net Income 31 $ 250,000 $220,000 $132,000 $ 160,000 $ 90,000 $ 88,000 $ 70,000 $ 73,500 $ 20,000 $ S 6,700 $ 14,500 $ 13,300 $ 5,500 9,000