Assigment 1 CBC 2 Company.r Analysis (Chapter 14) PART 1 Use the following information for questions 1 T. [$ 0005} Current Assets = $10,590 Inventories = $6,450 Total Fixed Assets = $16,525 Total Assets = $23,440 Current Liabilities = $4,570 Total Debt (long and short term] = $2,225 Total Liabilities = $11,095 Net Sales = $25,300 Cost of Goods Sold = $18,950 Gross Operating Prot = $6,350 hlet Operating Prot = $4,018 Bank Interest = $1.53?r Net Income Bef. Income Taxes = $2,428 Net Income Bef. Extraordinary Item = $1.09? Net Income = $2,118 Market Value of Preferred Shares = $43.50 Market Value of Common Shares = $29.25 Annual dividends on Common shares = $0.56 Annual dividends on Preferred shares = $2.50 Question 1