Calculate the collection period in days for accounts receivable. Compute the total debt to total assets ratio. Compute the operating profit margin (gross profit). Compute the return on common equity. Compute the book value of the common equity. Compute the asset turnover.

Compute the ratio of total assets to total equity.

Compute the interest coverage. Compute the total debt to total equity ratio. Compute the return on total assets. Compute the inventory turnover and days outstanding.

Chicago Corporation Statement of Operations Year Ended December 31, 20XX Sales $12,000,000 Cost of goods sold 7,200,000 Gross margin 4,800,000 Selling and adminstrative expenses 3,900,000 Operating income 900,000 Interet expense 100,000 Income before taxes 500,000 Income taxes 200,000 Net income $300,000

Chicago Corporation
Balance Sheet
December 31, 20XX
Assets
Current Assets:
Cash	$ 1,000,000
Accounts receivable	1,200,000
Inventory	1,900,000
Prepaid expenses	100,000
Total Current Assets		$ 4,200,000
Property, Plant and Equipment:
Land	500,000
Buildings, net of depreciation	600,000
Equipment, net of depreciation	1,600,000
Total Property, Plant and Equipment		2,700,000
Total Assets		$ 6,900,000
Liabilities and Shareholder Equity
Current Liabilities:
Accounts payable	$ 1,400,000
Wages payable	400,000
Interet payable	50,000
Total Current Liabilities		$ 1,850,000
Long Term Liabilities:
Notes payable	1,000,000
Bonds payable	900,000
Total Long Term Liabilities		1,900,000
Total Liabilities		3,750,000
Shareholders' Equity:
Common stock (100,000 shares)	1,000,000
Additonal paid in capital	200,000
Retained earnings	1,950,000
Total Shareholder Equity		3,150,000
Total Liabilties and Equity		$ 6,900,000