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Bavarian Sausage, Inc. posted the following balance sheet and income statement: Balance Sheet Cash $ 50,000 Accounts Payable $185,000 Accounts Receivable 125,000 Notes Payable 125,000

Bavarian Sausage, Inc. posted the following balance sheet and income statement:

Balance Sheet

Cash

$ 50,000

Accounts Payable

$185,000

Accounts Receivable

125,000

Notes Payable

125,000

Inventories

225,000

Long-term debt

115,000

Net Plant and

Equipment

525,000

Common Stock

350,000

Retained earnings

150,000

Total Assets

$925,000

Total liabilities and

Stockholders Equity

$925,000

Income Statement

Sales

$525,000

Cost of goods sold

215,000

Depreciation

65,000

Earnings before

interest and taxes

245,000

Interest expense

35,000

Net profit before

taxes

210,000

Taxes (@ 40%)

84,000

Net income

$126,000

What is Bavarian Sausage, Inc.s quick ratio? (Show your work. Four decimal places required. Highlight or bold your answer.) What is Bavarian Sausage, Inc.s net profit margin? (Show your work. Label %. No decimal places required. Highlight or bold your answer.) What is Bavarian Sausage, Inc.s debt-equity ratio? (Show your work. Two decimal places required. Highlight or bold your answer.) Calculate Bavarian Sausage, Inc.s return on assets. (Show your work. Label %. Two decimal places required. Highlight or bold your answer.) Calculate Bavarian Sausage, Inc.s inventory turnover. (Show your work. Two decimal places required. Highlight or bold your answer.) Calculate Bavarian Sausage, Inc.s return on equity. (Show your work. Label %. Two decimal places required. Highlight or bold your answer.)

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