can you do part 1 & 3, current rstio and asset turnover please

New York Bakery Balance Sheet December 2019 Assets Current assets Cash $ 50.180.74 Accounts receivable S 951,766.20 Raw materials 38,467.89 Finished goods inventory $ 18,522.00 Total current assets $ 1.058,936.83 Deferred tax asset 1 Property, Plant, & Equipment Land 76,000.00 Building 567,000.00 Equipment $ 1,010,000.00 Accumulated Depr - Equip $ (141,200.00) Total PPE $ 1,511,800.00 Total assets $ 2,570,736.83 $ $ Liabilities and Stockholders' Equity Current liabilities Accounts payable $ 45,255.13 Ass $ Line of credit payable Taxes payable ExG 5.087.17 9,342.24 $ Land Building Equipment Accumulated Depr - Equip 76,000.00 $ 567,000.00 $ 1,010,000.00 $ (141,200.00) $ 1,511,800.00 $ 2,570,736.83 otal PPE otal assets Liabilities and Stockholders' Equity Current liabilities Accounts payable A $ 45,255.13 $ $ 5.087.1% 9,342.24 $ $ 59,684.54 $ 1.096,262.57 Line of credit payable Taxes payable Total current liabilities Long term liabilities Mortgage payable (current) Total long term liabilities Total liabilities Stockholders' equity Common stock (no-par: 200,000 share outstanding Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 1,096, 262.57 $ 1,155,947.11 $ 550,000.00 $ 850,113.00 $ 1,400, 113.00 $ 2,556,060.11 New York Bakery Income Statement For the Year Ended December 31, 2019 $ $ $ Sales Cost of goods sold Gross margin Selling and administrative expense Earnings before interest and tax Interest expense Tax expense Net income A GAAGA 4,173,100.00 2,937,641.56 1,235,458.44 842,584.40 392,874.04 78,113.40 16,500.00 298,260.64 $ $ $ $ 1. No preferred dividends were declared. 2. Market Price for Common Stock 3. Shares Outstanding $ 19.75 200,000 10 Points Perform the following calculations and show your work Assignment Ratio Answer Example $1,002,44 Working Capital Working Capital = Current Assets - Current Dabilities Working Capital = $ 1058,125.60 - $55,685.24 Current ratio 1 2 Inventory turnover (beginning inventory was $18,100) 3 Asset turnover (beginning assets were $1,024,099)