2 INCOME STATEMENT 3 Year 4 Net Sales 5 Less: Cost of Goods Sold 6 Gross Profit 7 Other Operating Revenue 8 Less: Operating Expenses 9 Operating Income EBIT 10 Less: Interest Expense 2015 2016 9,488.80 $9,893.00 $5,784.90 $6,004.70 LIQUIDITY RATIOS Curretn Ratio Quick Ratio 2.10 1.2 2,689.70 $2,820.40 Efficiency Ratios Inventory turnover A/R turnover vg Collection Period Total Asset Turnover 4.00 $58.70 $47.60 34.10 -$3.00 0.00 $0.00 11 Other Income (Expenses 71 2.5 2 Gain (Loss) 13 Income before Taxes EBT 4 Less:Taxes Related to Operations 15 N.I. before Min. Ern. 16 Gain (Loss) 17 Net Income (Loss) 18 9 BALANCE SHEET 20 Year Complete the VS and B/S Calculate the Ratios Listed Use and If statement for Analysis Leverage Ratios $331.70 $349.00 $331.70-349.00 0.00$5.00 Total Debt Ratio LT Debt Ratio Debt to Equity Ratio 50.00% 20.00% Coverage Ratios Times Interest Earned 2.5 2,011 2,012 Profitabilty Ratios 40.00% 25.00% 5.00% 15.00% 14.00% ASSETS 22 Current Assets 23 Cash 4 Marketable Securities 25 Gross Receivables 2 Less: Allowance for Bad Debts $72.10 $77.40 Gros Profit Margin Operat. Profit Margin Net Profit Margin ROA ROE 304.00$575.50 0.00 0.00 $1,693.50 $1,884.50 1,621.40 $1,807.10 1,042.10 $1,073.80 162.50$260.50 Net Trade Receivables 2 Inventories 29 Prepaid Expenses 30 Other Current Assets 32 Total Current Assets 3,130.00 $3,716.90 34 Long-Term Assets