BOD CORPORATION Balance Sheets as of Decmeber 31, 2014 and 2015 ($ in millions) 2015 2014 2015 2014 Liabilities and Owners' Equity Current Liabilities Accounts Payable $ 275 Notes Payable 240 Total $ 515 $ 310 Assets Current Assets Cash Accounts Receivable Inventory Total 145 $ 525 440 $ 1.110 $ 180 600 480 $ 1.260 180 490 $ Fixed Assets Net Fixed Assets $ 1,530 $ 1.675 $ 375 $ 425 Long Term Debt Owners' Equity Common stock plus paid-in surplus Retained Earnings Total 650 1.100 $ 1.750 680 1340 $ 2,020 Total liabilities and owners' equity $ 2.640 Total Assets $ 2.935 $ 2,640 $ 2.935 BOD CORPORATION 2015 Income Statement ($ in Millions) Financial Ratio Calculations 2015 Short Term Solvency Ratios Current Ratio Quick Ratio 2.57 Net Sales Cost of Goods Sold Depreciation EBIT Interest Paid Taxable income Taxes Net Income Dividends Addition to Retained Earnings $ 1,610 835 55 $ 720 80 $ 640 224 $ 416 Long Term Solvency Ratios Debt-Equity Ratio Times Interest Earned 176 240 Asset Management Ratios Inventory Tumover Days Sales in Inventory