\begin{tabular}{|c|r|r|r|} \hline 3 & (Thousands of Dollars) & \\ \hline 4 & & \\ \hline 5 & Assets & 2019 \\ \hline 6 & Cash and cash equivalents & $21,000 \\ \hline 7 & Short-term investments & 3,759 \\ \hline 8 & Accounts Receivable & 52,500 \\ \hline 9 & Inventories & 84,000 \\ \hline 10 & Total current assets & $161,259 \\ \hline 11 & Net fixed assets & 223,097 \\ \hline 12 & Total assets & $384,356 \\ \hline 13 & & \\ \hline 14 & Liabilities and equity & \\ \hline 15 & Accounts payable & $33,600 \\ \hline 16 & Accruals & 12,600 \\ \hline 17 & Notes payable & 19,929 \\ \hline 18 & Total current liabilities & $66,129 \\ \hline 19 & Long-term debt & 67,662 \\ \hline 20 & Total liabilities & $133,791 \\ \hline 21 & Common stock & 178,440 \\ \hline 22 & Retained Earnings & 72,125 \\ \hline 23 & Total common equity & $250,565 \\ \hline 24 & Total liabilities and equity & $384,356 \\ \hline 25 & & \\ \hline 26 & Joshua \& White Technologies December 31 Income Statements \\ \hline 27 & (Thousands of Dollars) & \\ \hline 28 & & 2019 \\ \hline 29 & Sales & 20,000 \\ \hline 30 & COGS except excluding depr. and a & 300,000 \\ \hline 31 & Depreciation and Amortization & 19,660 \\ \hline 32 & Other operating expenses & 27,600 \\ \hline \end{tabular} \begin{tabular}{|l|r|r|} \hline 33 & EBIT & $72,740 \\ \hline 34 & Interest Expense & 5,740 \\ \hline 35 & EBT & $67,000 \\ \hline 36 & Taxes (25\%) & 16,750 \\ \hline 37 & Net Income & $50,250 \\ \hline 38 & & $18,125 \\ \hline 39 & Common dividends & $32,125 \\ \hline 40 & Addition to retained earnings & \\ \hline 41 & & 2019 \\ \hline 42 & Other Data & $90.00 \\ \hline 43 & Year-end Stock Price & 4,052 \\ \hline 44 & # of shares (Thousands) & $20,000 \\ \hline 45 & Lease payment (Thousands of Dolle & $5,000 \\ \hline 46 & Sinking fund payment (Thousands c & \\ \hline 47 & & \\ \hline 48 & Ratio Analysis & \\ \hline 49 & Liquidity Ratios & \\ \hline 50 & Current Ratio & \\ \hline 51 & Quick Ratio & \\ \hline 52 & Asset Management Ratios & \\ \hline 53 & Inventory Turnover (Total COGS/Inventories) \\ \hline 54 & Days Sales Outstanding & \\ \hline 55 & Fixed Assets Turnover & \\ \hline 56 & Total Assets Turnover & \\ \hline 57 & Debt Management Ratios & \\ \hline 58 & Debt Ratio (Total debt-to-assets) & \\ \hline 59 & Liabilities-to-assets ratio & \\ \hline 60 & Times-interest-earned ratio & \\ \hline 61 & EBITDA coverage ratio & \\ \hline \end{tabular}