Additional information: Weighted-average ordinary shares in 2017 were $60,000

QUESTIONS Based on the financial data above, do the following: a. Calculate the financial ratio of VENUS TRADING COMPANY in 2017 below: Current ratio Account receivable turnover Inventory turnover Asset turnover Return on assets Return on ordinary shareholders equity Earnings per share Debts to total assets ratio Provide an interpretation for each of the financial ratio calculations above.

b. Based on the calculation results in point a, provide an analysis of performance finance VENUS TRADING COMPANY in 2017.

Venus" TRADING COMPANY Income Statement For the years ended December 31 Net Sales Cost of Goods Sold Gross Profit Selling and administrative expense Income from operations Interest Expense Income before Income Tax Income Tax Expense Net Income 2017 2016 $1.818.500 $1.750.500 1.011.500 996.000 807.000 754.500 516.000 479.000 291.000 275.500 15.000 14.000 276.000 261.500 84.000 77.000 $192.000 $184.500 Venus" TRADING COMPANY Statement of Financial Position December 31 2017 2016 $600.300 $520.300 Assets Plan assets (Net) Current Assets Inventory Account receivable (net) Short-term investments Cash Total assets $110.950 105.750 69.000 60.100 $946.100 $115.500 102.800 50.000 64.200 $852.800 2017 2016 $300.000 242.600 542.600 200.000 $300.000 165.400 465.400 200.000 Equity and Liabilities Equity Share Capital Ordinary ($5) Retained Earnings Total Equity Bonds Payable Current liabilities Accounts payable Income taxes payable Total current liabilities Total liablities Total equity and liabilities 160.000 43.500 203.500 403.500 $946.100 145.400 42.000 187.400 387.400 $852.800