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2015 2016 Assets Cash $45.00 $50.00 A/R $334.00 $294.00 Inventory $260.00 $161.00 Total $639.00 $505.00 Net Fixed Assets $1,000.00 $1,200.00 Total Assets $1,639.00 $1,705.00 Liabilities

2015

2016

Assets

Cash

$45.00

$50.00

A/R

$334.00

$294.00

Inventory

$260.00

$161.00

Total

$639.00

$505.00

Net Fixed Assets

$1,000.00

$1,200.00

Total Assets

$1,639.00

$1,705.00

Liabilities

Accounts Payable

$288.00

$228.00

Notes Payable

$150.00

$125.00

Total

$438.00

$353.00

Long-Term Debt

$500.00

$750.00

Common Stock

$400.00

$400.00

Retained Earnings

$301.00

$202.00

$1,639.00

$1,705.00

Answers

What is the Current Ratio for 2016?

Sales

What is the Quick Ratio for 2016?

Sales

$1,100.00

What is the Times Interest Earned (TIE) for 2016?

Cost of Goods Sold

$880.00

What is the Debt to Equity (D/E) ratio for 2015?

Depreciation

$200.00

What is the Debt to Equity (D/E) ratio for 2016?

EBIT

$20.00

What is the Profit Margin (PM) for 2016?

Interest

$40.00

What is the Total Asset Turnover (TAT) for 2016?

Taxes

$8.00

What is the Equity Multiplier (EM) for 2016?

Net Income

-$28.00

What is the Return on Equity (ROE) for 2016?

What is the Return on Assets (ROA) for 2016?

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