Assignment 1 Submit Assignment Due Friday by 12:59am Points 8 Submitting a file upload Available Aug 10 at 1am - Sep 11 at 12:59am about 1 month Here is your first assignment. You are given a balance sheet and an income statement. You are asked to find the financial ratios. You will be graded in plugging the numbers for each ratio, finding the answer and writing the unit of measurement for each ratio,; time, $. or no unit. There are 17 ratios and each ratio is worth 0.5 points (0.5 X 17 = 8.5 points). Students will lose one point for each day late. For example if you submit the assignment one day late you miss one point, 2 days late you miss two points and so on. If you are 7 days late, there is no point of doing the assignment. Assignment 1 Due 8/30/2020 Given the following income statements and Balance sheet, find the following financial ratios Income Statement Sales revenue 30,000,000 Less cost of goods 21,000,000 Gross profit 9,000,000 Less operating expenses 6,000,000 Operating profit (EBIT) 3,000,000 Less Interest expenses 1.000.000 Assignment 1 Submit Assignment Due Friday by 12:59am Points 8 Submitting a file upload Available Aug 10 at 1am - Sep 11 at 12:59am about 1 month Here is your first assignment. You are given a balance sheet and an income statement. You are asked to find the financial ratios. You will be graded in plugging the numbers for each ratio, finding the answer and writing the unit of measurement for each ratio,; time, $. or no unit. There are 17 ratios and each ratio is worth 0.5 points (0.5 X 17 = 8.5 points). Students will lose one point for each day late. For example if you submit the assignment one day late you miss one point, 2 days late you miss two points and so on. If you are 7 days late, there is no point of doing the assignment. Assignment 1 Due 8/30/2020 Given the following income statements and Balance sheet, find the following financial ratios Income Statement Sales revenue 30,000,000 Less cost of goods 21,000,000 Gross profit 9,000,000 Less operating expenses 6,000,000 Operating profit (EBIT) 3,000,000 Less Interest expenses 1.000.000