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Below are FMT Corporation Financial statement. Compute for the following financial ratio. 5.1 Current ratio 5.2 Debt to equity ratio 5.3 Return on Asset 5.4

Below are FMT Corporation Financial statement. Compute for the following financial ratio.

5.1 Current ratio

5.2 Debt to equity ratio

5.3 Return on Asset

5.4 Return on Equity

5.5 Inventory Turnover ratio

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FMT Corp STATEMENT OF FINANCIAL POSITION AS OF DECEMBER 31, 2019 ASSETS LIABILITIES AND SHAREHOLDERS' EQUITY Current Assets Current Liabilities Cash 420.000.00 Trade and other payables 620.000.00 Trading Securities 250.000.00 Notes payable 500.000.00 Trade and other receivables 620.000.00 Total Current liabilities 1.120.000.00 Inventories 1.250.000.00 Prepaid Expenses 20.000.00 Noncurrent liabilities Total Current Assets 2.560.000.00 Bonds payable 2.000.000.00 Noncurrent Assets Shareholders' equity Property, plant and equipment 4.640.000.00 Equity capital (Common) 5.000.000.00 Long-term investments 2.000.000.00 Equity capital (Preferred) 500.000.00 Intangible assets 300.000.00 Retained Earnings 880.000.00 Total noncurrent assets 6.940.000.00 Total Shareholders' equity 6.380.000.00 TOTAL LIABILITIES AND TOTAL ASSETS 9.500.000.00 SHAREHOLDERS' EQUITY 9,500,000.00FMT Corp Income Statement Year Ended 2019 Net sales revenue 7,700,000.00 Cost of goods sold 5,000,000.00 Gross income 2,700,000.00 Other income 400,000.00 Total income 3,100,000.00 Expenses: Distribution costs 950,000.00 Administrative expenses 800,000.00 Other expenses 100,000.00 Total 1,850,000.00 Income before tax 1,250,000.00 Income tax 250,000.00 Net income P 1,000,000.00

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