Additionally, the following account information was taken from Riley Company's latest Statement of Financial Position

Balance Sheet

Assets

Current Assets

Cash $$26,100$

Marketable securities $$45,000$

Trade receivables $$28,500$

Inventories $$51,400$

Prepaid expenses $$10,000$

Total current assets $$161,000$

Capital Assets

Equipment $($net$)$ $$62,000$

Building $($net$)$ $$196,200$

Total Assets $$419,200$

Liabilities and Shareholders' Equity

Current Liabilities

Trade$/$other payables $$22,100$

Notes payable $($due in $1$ year$)$ $$42,000$

Accruals $$17,000$

Income tax payable $$8,000$

Total current Liabilities $$89,100$

Long$-$Term Liabilities

Loan payable $($long term$)$ $$135,600$

Total Liabilities $$224,700$

Shareholders' Equity

Common Shares $$136,000$

Retained earnings $$58,500$

Total Shareholders' Equity $$194,500$

Total Liabilities and Shareholders' Equity $$419,200$

Calculate the followiFIN $1013$ Assignment # $1$

Group #

The following account information was taken from Riley Company's latest income statement

The company's income tax rate is: $,30\%$ng ratios and compare against industry benchmark

$($Note: $2$ digits after decimal$)$

Calculate following ratios

$1)$current ratio

$2)$debt ratio

$3)$ times$-$interest$-$earned ratio

$4)$ average collection period

$5)$inventory turnover ratio

$6)$ total asset turnover ratio

$7)$ Return on Assets ratio

$8)$ Profit margin on revenue

$9)$ Return on equity ratio

$10)$ Quick ratio