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6. Return on equity 7. Debt to equity 8. Times interest earned 9. P/E ratio 10. Operating cycle Based on the following statements, fill in

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6. Return on equity

7. Debt to equity

8. Times interest earned

9. P/E ratio

10. Operating cycle

Based on the following statements, fill in blanks and calculate the ratios show the process). Stock information: On December 31, stock price: $30/share, 4.000.000 shares outstanding. Cancun Corporation Income Statement for the year ended Dec 31, 2019 000 $200,000 80,000 40,000 (b) Net Sales - Cost of goods sold Gross margin - Selling expenses -Administration expenses Operating Income before tax Interest expense Income before tax Tax expense Net Income 20,000 4,000 (c) (d) $12.000 Cancun Corporation Balance Sheet Dec. 31.2019 000 $3.000 $8,000 20,000 (h) Assets Cash Marketable securities Accounts receivable Inventory Current Assets Property, plant and equipment Other assets Long-term assets Total assets 10,000 12.000 30.000 50,000 20,000 (f) $100,00 Liabilities and SE Accounts payable Notes payable Current liabilities Bonds payable Total liabilities Common stock Retained earnings Stockholders' equity Total liabilities and SE 40,000 40,000 (i) 60,000 6)

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