Complete the ratios listed based on the following Income Statement and Balance Sheet.
ABC Company Income Statement		Last Year
Sales			$1,000,000		$900,000
Cost of Goods Sold			$750,000		$650,000
Gross Profit			$250,000		$250,000
Operating Expenses
Selling Expenses		$50,000
Administrative Expenses		$85,000
Total Operating Expenses		$135,000		$127,000
Operating Income			$115,000		$123,000
Interest Expense			$17,500		$17,500
Net Income before Taxes			$97,500		$105,500
Income Tax Expense			$34,125		$36,925
Net Income after Taxes			$63,375		$68,575
ABC Company Balance Sheet
Current Assets
Cash			$5,500		$4,950
Accounts Receivable			$21,000		$18,900
Inventory			$17,500		$15,750
Total Current Assets			$44,000		$39,600
Non-Current Assets
Machinery & Equipment			$100,000		$90,000
Furniture & Fixtures			$15,000		$13,500
Transportation Equipment		$25,000		$22,500
Accumulated Depreciation		$17,500		$15,750
Total Non-Current Assets			$122,500		$110,250
Total Assets			$166,500		$149,850
Current Liabilities
Accounts Payable			$25,000		$22,500
Notes Payable			$15,500		$13,950
Wages Payable			$1,200		$1,080
Current Liabilities			$41,700		$37,530
Non-Current Liabilities
Long-Term Notes			$27,000		$24,300
Total Liabilities			$68,700		$61,830
Stockholders' Equity
Retained Earnings			$65,000		$58,500
Common Stock			$32,800		$29,520
Total Equity			$97,800		$88,020
Total Liabilities & Equity			$166,500		$149,850

Quick Ratio
Current Ratio
Accounts Receivable Turnover
Inventory Turnover
Net Profit on Sales
Gross Profit Margin
Return on Assets
Return on Equity
Working Capital
Debt to Equity
Times Interest Earned

1)Based on the above given ABC Company's Income statement and Balance Sheet Please figure out the Quick Ratio, Current Ratio, Accounts Receivable Turnover, Inventory Turnover, Net Profit on Sales, Gross Profit Margin, Return on Assets, Return on Equity, Working Capital, Debt to Equity, and Times Interest Earned.

I need help completing this question as soon as possible. Thank you for your help.

2) Calculate the Future Value of $1 in each of these 3 projects

TVM Exercise

Project Number of periods Interest rate

Pop 5 11%

Whistle 4 7%

Loop 3 8%

3)

Calculate the Present Value of each of the Projects below:

Project End of period Discount rate Single cash Flow

Pop 5 11% $10,000

Whistle 15 7% 7,500

Loop 25 8% 5,000

4) Income Statement Preparation:

Prepare an Income Statement, in proper format, for 2015 for Johnson Medical Supplies (JMS) from the following information:

Salaries $70,000

Insurance $700

Utilities $3,500

Gas/Auto $5,750

Office Supplies $7,250

Revenue $175,000

Rent $12,000

Maintenance $50,000

Calculate, define, and discuss the operating expenses, operating profit, and profit percentage.