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ASSETS 2020 2019 CASH AND MARKETABLE SECURITIES 29,000 25.000 ACCOUNTS RECEIVABLE 116,000 100,000 INVENTORIES 145,000 25000 CURRENT ASSETS 290,000 250,000 GROSS PLANT AND EQUIPMENT 362,000
ASSETS 2020 2019 CASH AND MARKETABLE SECURITIES 29,000 25.000 ACCOUNTS RECEIVABLE 116,000 100,000 INVENTORIES 145,000 25000 CURRENT ASSETS 290,000 250,000 GROSS PLANT AND EQUIPMENT 362,000 350,000 LESS: ACCUMULATED DEPRECIATION 130,000 100,000 NET FIXED ASSETS 232.000 250.000 TOTAL ASSETS 522,000 500,000 LIABILITIES AND EQUITY ACCOUNTS PAYABLE 90,480 78,000 ACCRURALS 34,800 30,000 NOTES PAYABLE 25,420 34.000 CURRENT LAIBILITIES 350,700 142,000 LONG TERM DEBT 145.000 40.000 TOTAL LIABILITIES 295 700 282.000 COMMON STOCK ($1.00 par) 150,000 150.000 RETAINED EARNINGS 76300 28.000 TOTAL OWNER'S EQUITY 226,300 218,000 TOTAL LIABILITIES AND EQUITY 522,000 500,000 INCOME STATEMENT 2020 2019 NET REVENUES & SALES 100,000 UNITS) COST OF GOODS SOLD GROSS PROFIT FIXED OPERATING EXPENSES (pre depreciation) EBITDA Earnings before Intrest, Taxes, Dep & Amorit DEPRECIATION EXPENSE OPERATING INCOME (EBIT) INTEREST INCOME BEFORE TAXES (EBT) INCOME TAXES 40% NET INCOME 812.000 200.000 522.000 450000 290,000 250,000 174,200 151,000 115,800 30,000 25.000 85,800 74.000 14,500 14.000 2. 300 60.000 P8520 24.000 423780 36.000 34480 28 500 8300 7 500 50,000 50.000 Retained Earning NUMBER OF SHARES OUTSTANDING Use the information from the income Statement and Balance Sheet to construct the ratios and answer the questions below. The Total Asset Turn-over ratio is The Fixed Asset Tur-avar ratio is The Total Debt to Total Capital ratio is What is the Profit Margin? The Return on equity is The Return On Assets is
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