ABC Company
Balance Sheet
December 31, 2016
Assets			Liabilities
Cash		$125,000	Accounts Payable	$150,000
Accounts Receivable		275,000	Notes Payable	225,000
Inventory		325,000	Accrued Liabilities	100,000
Current Assets		725,000	Current Liabilities	475,000
Fixed Assets (net)		420,000	Long-term Debt	405,000
			Total liabilities	$875,000
			Equity	270,000
Total Assets		$1,145,000	Total Liabilities & Equity	$1,145,000

ABC Company
Income Statement
For the year ended December 31, 2017
Sales Revenue		$1,500,000
Cost of Goods Sold		1,200,000
Gross Profit		300,000
Operating Expenses		100,000
Operating Profit		200,000
Interest Expense		72,000
Earnings before Tax		128,000
Income Tax (40%)		51,200
Net Income		$ 76,800

calculate the following:

Current ratio

Quick ratio

Average Collection Period

Inventory Turnover

Fixed Asset Turnover

Total Asset Turnover

Debt Ratio

Times Interest Earned

Gross Profit Margin

Operating Profit Margin

Net Profit Margin

Return on Total Assets

Return on Equity