BMC CORPORATION INCOME STATEMENT

FISCAL YEAR ENDING 12/31/2004

(DOLLARS IN THOUSANDS)

Net Sales $1025

Cost of Goods Sold 682

Gross Profit Margin 343

Depreciation 31

Operating Expense 103

Administrative Expense 127

Operating Profit 82

Interest 27

Profit Before Tax 55

Taxes 17

Net Income $38

BMC CORPORATION BALANCE SHEET

FISCAL YEAR ENDING 12/31/2004

(DOLLARS IN THOUSANDS)

Assets Liabilities

Cash $61 Notes payable $223

Accounts receivables 286 Accounts payable 152

Inventory 354 Accruals 32

Total current assets 701 Total current liabilities 407

Net fixed assets 802 Long term debt 306

Common stock ($1.50 par) 102

Paid in surplus 226

Retained earnings 462

Total liabilities and

Total assets $1503 Stockholders' equity $1503

Calculate and comment of each of the following ratios:

i.Current ratio

ii.Quick or acid-test ratio

iii.Average payment period

iv.Total Assets Turnover

v.Fixed Assets Turnover

vi.Average Collection Period

vii.Inventory Turnover

viii.Profit Margin

ix.Return on Equity

x.Debt Ratio