Chan's Scooters, Inc.: Balance Sheet as of December 31, 2022 (in thousands) Cash Receivables Inventories $77,500 Accounts payable $129,000 336,000 Other current liabilities 117,000 241,500 Notes payable to bank 14,000 Total curent assets $655,000 Total current liabilities $330,000 Long-term debe 256,500 Net fixed assets 292,500 Common equity (4,100 shares) 361.000 Total assets $947.500 Total liabilities and equity 5947.500 Chan's Scooters, Inc.: Income Statement for Year Ended December 31, 2022 (in thousands) Sales Cost of goods sold Materials Labor Utilities Indirect labor $1,607,500 $717,000 453,000 68,000 113,000 1351,000 256,500 Gross profit Selling expenses 115,000 General and administrative expenses 38,000 Depreciation 41,500 Earnings before interest and taxes EBIT) 70,000 Interest Expense 21,000 Earnings before taxes (EBT) 49,000 Federal and state income taxes (25%) 12.250 Net Income 36.750 Earnings per share 1018 Price per share on December 31, 2022 12:00 Ratio Chan's Industry Average Current 20x Quick 13x Day Sales Outstanding 35 days (365 day year) Inventory Turnover 68X Total assets turnover 3.0x Profit margin 1.6% ROA 43% ROE 12.1% TIE 35% Debt/Total Capital 47.0% Mk/Book 4.22% PE 13.27