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Consider the following financial information for the C & J Company for the year ended December 2019: Income Statement Balance Sheet Net Sales $5,000 Current

Consider the following financial information for the C & J Company for the year ended December 2019:

Income Statement Balance Sheet

Net Sales $5,000 Current Assets $400

COGS ($4,200)

Gross Profit $800 Property, Plant, and $1,580

SG&A ** ($200) Equipment (net)

EBIT $600 Goodwill $108

Total Assets $2,088

Interest Expense ($60)

Pre-tax Income $540 Current Liabilities $370

Income Tax $200 Long-term Debt $306

Net Income $340 Other Liabilities $20

Total Liabilities $696

Recent Share Price $40.00 Total S/Equity $1,392

Shares Outstanding 200 Total Liabilities and $2,088

Shareholder Equity

**Depreciation Expense $50

Included in SGA

Calculate the Operating Cash Flow for December 2019.

Calculate the Profit Margin for December 2019. Give a one line economic interpretation in dollars.

Calculate the Times Interest Earned Ratio for December 2019.

Calculate the Debt Ratio for December 2019. Give a one line interpretation of your findings.

Calculate the Total Asset Turnover Ratio. Give a one line economic interpretation of your findings.

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