Attached are the financial statements for Smith Company, Inc. Use the financial statements to calculate the attached ratios. Write a couple sentences interpreting the ratio. Calculate and interpret the following debt ratios: debt ratio, debt-equity ratio, and times interest earned. Calculate and interpret the following profitability ratios: operating profit margin, net profit margin, return on assets, and return on equity.
| (2018) | Competitor 1 | Competitor 2 | Competitor 3 |
| Net Profit Margin | 0.082 | 0.11 | 0.03 |
| Total Asset Turnover | 0.88 | 0.9 | 0.55 |
| ROA | 0.07216 | 0.099 | 0.0165 |
| FLM | 3.3 | 2.5 | 5.5 |
| ROE | 0.238128 | 0.2475 | 0.09075 |
Calibri AA Paste BIUTE A Clipboard Font 9 X B E ############################ 2 Current Assets 3 Cash And Cash Short Term Investments 5. Net Receivables 6 Inventory 7 Other Current Assets 8 Total Current Assets 8.7 000 97 UID ####### 2 ############## 2.912.DOO 40.000 7021.000 ############## 3 26.00 ############## 2719_non ####### 43.DDD 1,000 730_UUU ########################## - ############# 1949,000 2310.000 ############################ ############################ ####### ##################### 5 22.000 90000 635,000 749.000 : 7.211.000 ####### 6.57 D00 ####### 10 Long Term Investments Property Plant and 11 Equipment Goodwill 13 Intangible Assets 14 Other Assets Total Assets | 10 Current Liabilities 2 Accounts Payable Short/Current Long Term Debt 20 Other Current Liabilities Total Current Liabilities 23 Long Term Debt 24 Other Liabilities 25 Total Liabilities 27 Stockholders' Equity 28 Total Stockholder 29 30 3.95.000 407000 ## 3. 106.000 E601 000 4112000 ############## #################### ########################### ########################### #-4## , Project option Financialini ile Home Insert Draw Page Layout Formulas Data Review Calibri 11 ' ' A Wrap Tett Merge & Cente aste I u lipboard Font Alignment 4 fix 23502000 A B D E 12/31/2018 12/31/2017 12/31/2016 12/31/2015 51,728,000 57,902,000 56,519,100 56,488,000 Revenue Total Revenue Cost of Revenue Gross Profit 28,226,000 32,562,000 31,119,300 31,205,000 Operating Expenses Selling General and Administrative Operating Income or Loss 9,042,000 11,856,000 9,893,700 10,469,000 Income from Continuing 1 Operations 2 Other Income/Expenses Net 13 Interest Expense 14 Income Before Tax 15 16. Income Tax Expense 17 Net Income -1,148,000 -1,507,000 -1,508,400 -2,256,000 1,220,000 1,288,000 1,207,800 853,000 6,674,000 9,061,000 7,177,500 7,360,000 2,696,000 3,978,000 4,130,000 4,931,000 1,956,600 5,220,900 1,708,000 5,652,000 19 20 21 Balance Sheet Income Statement Projects Calibri 11 2 Wrap Text Paste BIU Merge &c Clipboard Font 50 Alignment C10 X B D E F G Year 3 2 Project A 3 Project B 4 Project C 5 Year 0 -100,000 -250,000 -500,000 Year 1 50,000 100,000 400,000 Year 2 30,000 100,000 50,000 30,000 50,000 50,000 Year 4 20,000 50,000 50,000 6 7 9 10 12 13 14 15 16 17 18 19 20 21 22 23 Balance Sheet come Statement Projets Calibri AA Paste BIUTE A Clipboard Font 9 X B E ############################ 2 Current Assets 3 Cash And Cash Short Term Investments 5. Net Receivables 6 Inventory 7 Other Current Assets 8 Total Current Assets 8.7 000 97 UID ####### 2 ############## 2.912.DOO 40.000 7021.000 ############## 3 26.00 ############## 2719_non ####### 43.DDD 1,000 730_UUU ########################## - ############# 1949,000 2310.000 ############################ ############################ ####### ##################### 5 22.000 90000 635,000 749.000 : 7.211.000 ####### 6.57 D00 ####### 10 Long Term Investments Property Plant and 11 Equipment Goodwill 13 Intangible Assets 14 Other Assets Total Assets | 10 Current Liabilities 2 Accounts Payable Short/Current Long Term Debt 20 Other Current Liabilities Total Current Liabilities 23 Long Term Debt 24 Other Liabilities 25 Total Liabilities 27 Stockholders' Equity 28 Total Stockholder 29 30 3.95.000 407000 ## 3. 106.000 E601 000 4112000 ############## #################### ########################### ########################### #-4## , Project option Financialini ile Home Insert Draw Page Layout Formulas Data Review Calibri 11 ' ' A Wrap Tett Merge & Cente aste I u lipboard Font Alignment 4 fix 23502000 A B D E 12/31/2018 12/31/2017 12/31/2016 12/31/2015 51,728,000 57,902,000 56,519,100 56,488,000 Revenue Total Revenue Cost of Revenue Gross Profit 28,226,000 32,562,000 31,119,300 31,205,000 Operating Expenses Selling General and Administrative Operating Income or Loss 9,042,000 11,856,000 9,893,700 10,469,000 Income from Continuing 1 Operations 2 Other Income/Expenses Net 13 Interest Expense 14 Income Before Tax 15 16. Income Tax Expense 17 Net Income -1,148,000 -1,507,000 -1,508,400 -2,256,000 1,220,000 1,288,000 1,207,800 853,000 6,674,000 9,061,000 7,177,500 7,360,000 2,696,000 3,978,000 4,130,000 4,931,000 1,956,600 5,220,900 1,708,000 5,652,000 19 20 21 Balance Sheet Income Statement Projects Calibri 11 2 Wrap Text Paste BIU Merge &c Clipboard Font 50 Alignment C10 X B D E F G Year 3 2 Project A 3 Project B 4 Project C 5 Year 0 -100,000 -250,000 -500,000 Year 1 50,000 100,000 400,000 Year 2 30,000 100,000 50,000 30,000 50,000 50,000 Year 4 20,000 50,000 50,000 6 7 9 10 12 13 14 15 16 17 18 19 20 21 22 23 Balance Sheet come Statement Projets
