Below are the financial statements of Moose Co.

Moose Co. Income Statement For the Year Ended May 31
		2017	2016
Sales, net		$2,100,000	$1,600,000
Cost of goods sold		900,000	650,000
Gross profit		1,200,000	950,000
Operating expenses		700,000	525,000
Operating income		500,000	425,000
Interest expense		25,000	20,000
Income before taxes		475,000	405,000
Income taxes		120,000	100,000
Net income		$355,000	$305,000

Moose Co. Balance Sheet As at May 31
	2017	2016	2015
Cash	$175,000	$220,000	$155,000
Accounts receivable, net	61,000	150,000	100,000
Inventory	525,000	450,000	400,000
Prepaid insurance	40,000	35,000	50,000
Total current assets	801,000	855,000	705,000
Property, plant and equipment, net	950,000	703,000	750,000
Total assets	$1,751,000	$1,558,000	$1,455,000
Accounts payable	$25,000	$175,000	$160,000
Salaries payable	40,000	30,000	60,000
Unearned revenues	90,000	140,000	125,000
Total current liabilities	155,000	345,000	345,000
Bank loan payable	660,000	500,000	600,000
Total liabilities	815,000	845,000	945,000
Preferred shares $4 (500 shares all years)	50,000	50,000	50,000
Common shares (10,000 shares all years)	150,000	150,000	150,000
Retained earnings	736,000	513,000	310,000
Total shareholders equity	936,000	713,000	510,000
Total liabilities and shareholders equity	$1,751,000	$1,558,000	$1,455,000

Additional information:

	2017	2016	2015
Market price per share	$200	$190	$160
Dividends per share	$13.00	$12.00	$10.00

Required:

1. For 2016 and 2017, compute all Common Financial Ratios from the beginning of this module. For each ratio note whether it is getting Better (B) or Worse (W).

Comment on the financial performance and position of the company

2.html For your graded homework, please complete the following problem: Below are the financial statements of Moose Co. Sales, net Cost of goods sold Gross profit Operating expenses Operating income Interest expense Income before takes Income taxes Netice 2017 2016 $2,100,000 $1,600,000 10000 0 200.000 950.000 200.000 $25.000 500 000 45000 25.000 20.000 47000 405 000 120.000 100.000 Suss000 $305.000 Accounts receivable, nel Imory Prepaid insurance Total current assets Property, plant and equipment, net Total assets 2017 2016 2015 SI75,000 $220.000 SISS.000 61.000 150.000 100.000 525000 450000 400000 40000 500000 $1,000 55.000 705.000 960 000 200 000 25000 51.750 1.5 1.455 Accounts payable S 000 $175.000 100.000 Salaries payable 40000 30000 0000 Uneamed revenues 90000 125.00 Total curren t ies ISS.000 345.000 345.000 Bank loan payable 660.000 500.000 600000 Total liabilities 815000 45000 45000 Preferral shares S4 500 has all years) 50.000 50000 50000 Common shares (10,000 shares wil ) 15000 15000 150000 Retained earnings 76000 30000 Total shareholders'equity 936.000 713.000 $10.000 Total liabilities and shareholders equity 51.51.000 51.SSR 09 51.455.000 Additional information: 2017 2016 2015 Market price per share $200 $190 S160 Dividends per share $13.00 $12.00 $10,00 Required: a.) For 2016 and 2017, compute all Common Financial Ratios" from the beginning of this module. For each ratio note whether it is getting Better (B) or Worse (W). b) Comment on the financial performance and position of the company. 2.html For your graded homework, please complete the following problem: Below are the financial statements of Moose Co. 2017 2016 Sales, net $2,400,000 $1,600,000 Cost of goods sold Gross profit 200.000 950.000 Operating expenses 200.000 $25.000 Operating income 500.000 425 000 Interest expense 25.000 20.000 Income before anes 475,000 405 000 Income taxes 120.000 100.000 Net income $355.000 $305.00 Accounts receivable, nel l Prepaid insurance Total current assets Property, plant and equipment, net Totalsts 2017 2016 2015 SI75,000 $220.000 SISS.000 61,000 150.000 100.000 525000 450000 400000 40000 5 0000 $1,000 $35.000 705 000 960 000 200 000 25000 S1.750 1. 500 1.455 Accounts payable S 000 $175.000 100000 Salaries payable 40000 30,000 ,000 Uneamed revenues 90000 125.000 Total curren t ies ISS.000 345.000 345.000 Bank loan payable 660,000 $0.000 600000 Total liabilities 815000 45000 45000 Preferral shares S4 500 has all years) 50000 50000 50000 Common shares (10,000 shares all yours) 150000 15000 150000 Retained wings 7603 30 Total shareholders'equity 936.000 713.000 $10.000 Total liabilities and shareholders equity 51.751.000 51.5SRO 51.455.000 Additional information: 2017 2016 2015 Market price per share $200 $190 S160 Dividends per share $13.00 $12.00 $10,00 Required: a.) For 2016 and 2017, compute all Common Financial Ratios" from the beginning of this module. For each ratio note whether it is getting Better (B) or Worse (W) b) Comment on the financial performance and position of the company