9 (1).docx - Word Search ences Mailings Review View Help Aapo REAL DA- AaBbCcl AaBBC AaBbCel AaBb Cel Emphasis 1 Heading 1 T Heading 2 T Heading 3 Paragraph Styles 6. Brown Bat Company's income statement and balance sheets are displayed below. Income Statement Year Ended 12/31/18 Sales 450,000 Cost of Goods Sold 200,000 Gross Profit 250,000 Selling & Admin Expenses 160.000 Net Operating Income 90,000 Interest Expense 2.000 Net Income $1,000 erences Mailings Review View Help E ALT A- A - -D-A- l l Aa Emphasis T Heading 1 T Heading 2 T Heading 3 IN Paragraph Styles Assets Cash Accounts Receivable Inventory Equipment Balance Sheet 12/31/18 Liabilities 25,000 Accounts Payable 25,000 35,000 Notes Payable (LT) 75,000 40,000 Total Liabilities 100,000 125,000 Stockholders Equity Common Stock 45,000 Retained Earnings 80,000 Total Stockholders Equity 125,000 225.000 Total Liab & SE 225.000 Total Assets Additional Information: a. 2017 Total Assets=$210,000 b. 2017 Total Stockholders Equity=$105,000 c. Average Common Shares Outstanding=70,000 Required: Preform financial analysis calculating the following ratios Working Capital Current Ratio Acid-Test(Quick Ratio) Debt Ratio . . O Foa f Gb Paragraph LZ Styles Information: 2017 Total Assets=$210,000 2017 Total Stockholders Equity=$105,000 Average Common Shares Outstanding=70,000 eform financial analysis by calculating the following ratios . Working Capital Current Ratio Acid-Test(Quick Ratio) Debt Ratio Rate of Return on Assets Asset Turnover Ratio Return on Equity Earnings Per Share Times Interest Earned Ratio Debt to Equity Ratio