Calcule ROA and ROE for the years 2003, 2004, 2005 and 2006

2002 2003 2004 2005 2006E Exhibit 2 - Balance Sheet At December 31 Assets Cash Accounts Receivable Inventories Current Assets 705 3,485 3,089 7,279 1,542 4,405 2,795 8,742 1,818 6,821 3,201 11,839 2,158 10,286 3,291 15,735 1,955 14,471 3,847 20,273 Plant, Property, & Equipment (net) Other Assets Land Non-Current Assets 2,257 645 450 3,352 2,680 645 1,750 5,075 2,958 645 2,853 6,456 3,617 645 2,853 7,115 4,347 645 2,853 7,844 Total Assets 10,631 13,817 18,295 22,850 28,117 Liabilities & Shareholders Equity Accounts Payable Current Portion of Long-term Debt Current Liabilities 2,034 315 2,349 2,973 352 3,325 4,899 525 5,423 6,660 730 7,390 9,424 649 10,074 Long-Term Debt Shareholders Equity 3,258 5,024 4,400 6,091 5,726 7,146 7,123 8,336 8,480 9,563 Total Liabilities & Shareholders Equity 10,631 13,817 18,295 22,850 28,117 Exhibit 3 - Income Statement For Years Ending December 31 Sales Cost of Goods Sold Gross Profit 2002 24,652 20,461 4,191 2003 26,797 21,706 5,091 2004 29,289 23,841 5,448 2005 35,088 28,597 6,491 2006E 42,597 35,100 7,497 General & Administrative Expense Research & Development Depreciation & Amortization Earnings before Interest & Taxes 1,999 203 347 1,641 2,138 203 412 2,338 2,372 212 455 2,408 2,877 222 557 2,836 3,578 232 669 3,018 Interest Earnings before Taxes Taxes Net Income 187 1,454 264 1,191 349 1,989 696 1,293 440 1,968 689 1,279 547 2,289 801 1,488 658 2,360 826 1,534