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Balance Sheet Cash AR Inventory Total Current Assets Land Buildings and Equipment Less: Accumulated Depreciation Total Fixed Assets Total Assets $ 60,000 30,000 15,000 $
Balance Sheet Cash AR Inventory Total Current Assets Land Buildings and Equipment Less: Accumulated Depreciation Total Fixed Assets Total Assets $ 60,000 30,000 15,000 $ 105,000 45,000 154,000 50,000 $ 104,000 $ 254,000 AP Notes Payable Total Current Liabilites Long Term Debt Common Stock Retained Earnings Commom Equity Total Debt and Equity $ 50,000 25,000 $ 75,000 64,000 50,000 65,000 $ 115,000 $ 254,000 Income Statement Sales (all credit) Cost of Goods Sold Gross Profit Operating Expenses EBIT Interest Expense EBT Taxes Net Income $ 500,000 250,000 $ 250,000 75,000 $ 175,000 (25,000) $ 150,000 (31,000) $ 119,000 Base on the financial information show below, computer the following ratios. You must put the Excel formula in the shaded cell (Example - =B17/B25) and have it work. Current Ratio Acid Test Ratio Average Collection Period Inventory Turnover Debt Ratio o Times Interest Earned 1 Net Profit Margin Operating Profit Margin 3 Fixed Asset Turnover 4 Return on Equity
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