. Compute the following ratios based on the following financial statements

Glory company Balance sheet December 31,2010

Cash 100,000 Account payable 300,000

Marketable securities 300,000 Other current liabilities 200,000

Account receivable 600,000 Long term debit 500,000

Inventory 1,000,000 Owner`s equity 2,000,000

Net fixed asset 4,000,000 Retained earning 3,000,000

Total 6,000,000 Total 6,000,000

Income statement

For the year ended Dec. 31,2010

Sales 12,000,000

Cost of goods sold 10,800,000 Including depreciation expense 800,000) Operating expense 150,000

Interest 50,000

Tax 30%

Required

a. Current ratio and quick ratio

b. Net profit margin

c. ROA

d. Days sales outstanding

e. Operating cycle

f. ROE

g. Times interest earned

h. Total asset turn over

i. Inventory turn over