$ 987 483 285 40 $179 75 $ 104 INCOME STATEMENT DECEMBER 31ST, 2012 Sales Cost of goods sold General, selling, and administration expenses Interest Earnings before taxes Tax Net income BALANCE SHEET AS OF DECEMBER 31, 2012 Cash $15 Marketable securities 10 Accounts Receivable Inventory Equipment 45 Buildings Land Total assets $369 $42 11 Accounts payable Wages payable Long-term debt Common stock Retained earnings Total liabilities and equity 116 131 $369 109 118 Other Info: Number of Shares - December 31st, 2012 Accounts Receivable - January 1st, 2012 Inventory - January 1st, 2012 10 $18 $20 Required: 1. Calculate the Working Capital Ratio 2. Calculate the Gross Profit Margin 3. Calculate the Inventory Turnover Ratio 4. Calculate the Debt Ratio 5. Calculate the Times Interest Earned