Consider the following companys balance sheet and income statement

Income Statement

Sales (all on credit)

$200,000

Cost of goods sold

130,000

Gross margin

70,000

Selling and administrative expenses

20,000

Depreciation

8,000

EBIT

42,000

Interest expense

4,800

Earnings before tax

37,200

Taxes

11,160

Net income

$ 26,040

For this company, calculate the following:

Current ratio.

Number of days sales in receivables.

Sales to total assets.

Number of days in inventory.

Debt-to-asset ratio.

Cash-flow-to-debt ratio.

Return on assets.

Return on equity

Balance Sheet Assets Liabilities and Equity Cash $ 4,000 Accounts payable $ 30,000 Accounts Notes receivable 52,000 payable 12.000 Inventory 40,000 Total current liabilities 42,000 Total current Long-term debt 36,000 assets 96,000 Fixed assets 44,000 Equity 62,000 Total liabilities Total assets $140,000 and equity $140,000