1. Calculate the financial ratios from the following information:

BALANCE SHEET

2016 2017 2016 2017 ASSETS Current Assets Cash Accts Rec Inventory TOTAL 3.291 4.787 12,398 20,476 3,507 5,821 13,822 23,150 LIABILITIES Current Liabilities Accts Pay Notes Pay Other TOTAL Long Term Debt 2,133 1,730 86 3.949 13,800 2,560 2,076 103 4,739 16,560 Fixed Assets Net Plant and Equip 48,907 72,969 36,000 OWNER'S EQUITY Common Stock and Paid in Surplus 36,000 Accum Retain Earn TOTAL TOAL LIABILITIES and Owners Equity 69,383 15,634 51,634 38,820 74,820 96,119 INCOME STATEMENT Sales Cost of Goods Sold Depreciation EBIT Interest Paid Taxable income Taxes Net Income 2017 186,570 125,803 5,373 55.394 1,470 53.924 18.873 35 051 Dividends Retained Earnings 11,865 23,186 Calculate each of the ratios discussed in class. Current Ratio Quick Ratio Total Debt Ratio Debt-Equity Ratio Inventory Turnover Profit Margin ROA ROE Price Earnings Ratio Price Sales Ratio Market to Book Ratio 2016 2017 2016 2017 ASSETS Current Assets Cash Accts Rec Inventory TOTAL 3.291 4.787 12,398 20,476 3,507 5,821 13,822 23,150 LIABILITIES Current Liabilities Accts Pay Notes Pay Other TOTAL Long Term Debt 2,133 1,730 86 3.949 13,800 2,560 2,076 103 4,739 16,560 Fixed Assets Net Plant and Equip 48,907 72,969 36,000 OWNER'S EQUITY Common Stock and Paid in Surplus 36,000 Accum Retain Earn TOTAL TOAL LIABILITIES and Owners Equity 69,383 15,634 51,634 38,820 74,820 96,119 INCOME STATEMENT Sales Cost of Goods Sold Depreciation EBIT Interest Paid Taxable income Taxes Net Income 2017 186,570 125,803 5,373 55.394 1,470 53.924 18.873 35 051 Dividends Retained Earnings 11,865 23,186 Calculate each of the ratios discussed in class. Current Ratio Quick Ratio Total Debt Ratio Debt-Equity Ratio Inventory Turnover Profit Margin ROA ROE Price Earnings Ratio Price Sales Ratio Market to Book Ratio