ADDITIONAL INFORMATION

Net sales 800,000 COGS 480,000 OPERATING EXPENSES 220,000 INTEREST 60,000 TAX RATE 30% Outstanding common share 100,000 shares No Preferred stock dividends were paid.

Calculate the following financial ratios for Year 1 & 2 for the company and explain the results by interpreting the ratio and conducting a time series analysis: a. Total debt ratio b. Book value per share c. Current ratio d. Quick ratio e. Average collection period f. EPS