COMPUTATION: FINANCIAL RATIO Based on the information given in the financial statement, compute for the financial ratios being asked then analyze and interpret the data. Use only the 2019 values. 1. CURRENT RATIO 2. QUICK TEST RATIO 3. CASH RATIO 4. ASSET TURNOVER 5. NET PROFIT MARGIN 6. GROSS PROFIT MARGIN 7. RETURN ON INVESTMENT 8. RETURN ON EQUITY 9. DEBT TO ASSET RATIO 10. DEBT TO EQUITY RATIO ASSETS Current Assets Cash Accounts Receivable Inventory Prepaid Expenses Total Current Assets Non-Current Assets Land Building and Equipment Total Non-Current Assets TOTAL ASSETS Net Sales Cost of Goods Sold Gross Margin Operating Expenses Net Operating Income. Interest Expense Net Income before Taxes Less: Income Taxes NET INCOME 2019 2020 P12,000 P23,500 60,000 40,000 80,000 100,000 3,000 1,200 P155,000 P164,700 P40,000 P40,000 120,000 85,000 P160,000 P125,000 P315,000 P289,700 LESLIE COMPANY BALANCE SHEET LIABILITIES Current Liabilities Accounts Payable Notes Payable Total Current Liabilities Non-Current Liabilities Bonds Payable TOTAL LIABILTIES STOCKHOLDER'S EQUITY Preferred Stock Common Stock Additional Paid In Capital Total Paid In Capital Retained Earnings TOTAL STOCKHOLDERS EQUITY TOTAL LIABILITIES STOCKHOLDERS EQUITY LESLIE COMPANY INCOME STATEMENT 2019 P520,000 360,000 160,000 128,600 31,400 6,400 25,000 7,500 P17,500 AND 2019 P67,000 3,000 P70,000 P75,000 P145,000 P20,000 60,000 10,000 P90,000 80,000 P170,000 P315,000 2020 2020 P44,000 6,000 Pao P80,000 P130,000 P20,000 60,000 10,000 P90,000 69,700 P159,700 P289,700 P480,000 315,000 165,000 126,000 39,000 7,000 32,000 9.600 22,400