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Compute the following financial ratios based on the financial statements Current Ratio Formula Calculation Times Interest Earned Debt to Equity Ratio Equity Multiplier Return on

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Compute the following financial ratios based on the financial statements

Current Ratio

Formula

Calculation

Times Interest Earned

Debt to Equity Ratio

Equity Multiplier

Return on Equity

Inventory Turnover

in thousands Uuuuuge Baking Co. Balance Sheet F.Y.E. 12/31/18 & 17 Uuuuuge Baking Co. Income Statement Year Ending 12/31/2018 FYE FYE 2018 FYE 2017 Assets: 2018 Sales Current Assets $50 Cash Accounts Receivable Inventory Total Current Assets Cost of Goods Sold Depreciation Genl. & Admin Exp EBIT $215 $2101 $330 $755 $250 $2,625 $2,000 $20 $250 $355 $300 $600 Interest Expense Taxable income $60 $295 Fixed Assets Plant and Equipment Less: Accumulated De Net Plant and Equip Total Assets Income Tax Exp. $60 $625 -$2201 $405 $1,160 $5001 -$200 $300 $900) Net Income $235 Less Dividends Paid Additions to R.E. $35 $200 Liabilities Current Liabilities Accounts Payable Total Current Liabili $450 $450 $400 $400 Long Term Debt Total Liabilities $65) $515 $801 $480 Owners Equity Common Stock Retained Earnings Total Owners Equit Total Liabilities $185 $460 $645 $1,160 $160 $260) $420 $9001

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