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2018 2019 Assets Current assets Cash $ 5,298 $ 5,827 Accounts receivable 7,707 9,477 Inventory 12,150 22.956 2018 2019 Liabilities and Owners' Equity Current liabilities

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2018 2019 Assets Current assets Cash $ 5,298 $ 5,827 Accounts receivable 7,707 9,477 Inventory 12,150 22.956 2018 2019 Liabilities and Owners' Equity Current liabilities Accounts payable $ 3,754 $ 5,986 Notes payable 2,045 3,055 Other 179 152 Total $ 25,155 $ 38,260 Total $ 5,951 $ 9.220 $.22.700 $ 19,000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 43,000 $ 43,000 28,805 47189 Fixed assets Net plant and equipment $ 75,301 $ 80,149 Total $ 71,805 $ 90,189 Total assets $100.456 $ 118,409 Total liabilities and owners equity $100,456 $ 118,409 MATHISON, INC. 2019 Income Statement Sales $ 249,854 Cost of goods 204,317 sold Depreciation 8,730 $ EBIT Interest paid 36,807 2,811 $ Taxable income Taxes 33,996 7,139 Net income $ 26,857 Dividends Retained earnings $ 8,473 18,384 Find the following financial ratios for Mathison, Inc. (use year-end figures rather than average values where appropriate): (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profit margin, return on assets, and return on equity as a percent.) 2018 2019 times times times times times times times times times Short-term solvency ratios a. Current ratio b. Quick ratio c. Cash ratio Asset utilization ratios d. Total asset turnover e. Inventory turnover f. Receivables turnover Long-term solvency ratios g. Total debt ratio h. Debt-equity ratio i. Equity multiplier 1. Times interest earned ratio k Cash coverage ratio Profitability ratios | Profit margin m. Return on assets n. Return on equity times times times times times % % %

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