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Sandra Corporation provides her financial information as follows:-

Revenue (Sales)	550,000
Accounts payable	35,000
Accounts receivable	60,000
Accumulated depreciation	30,000
Administrative expenses	20,000
Cash	18,000
Common stock	43,000
Cost of goods sold	320,000
Depreciation expense	38,000
Gross fixed assets	40,000
Income taxes	59,850
Interest expense	26,000
Inventories	122,000
Long-term bonds payable	15,000
Long-term notes payable	10,000
Other current assets	5,000
Retained earnings	*158,850
Selling expenses	45,000
Short-term notes payable	12,000

Notes:- *The retained earning does not include the profit for the year.

Required:

1. Prepared the Income Statement and Balance sheet for Sandra Corporation.

2. Required

   Calculate the ratio

3. Gross profit margin
4. Profit margin
5. Current ration
6. Acid test ratio
7. Day in receivables
8. Account receivable turnover
9. Day in inventory
10. Inventory turnover
11. Return on investment
12. Return on equity