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Coronado Corporation was formed 5 years ago through a public subscription of common stock. Daniel Brown, who owns 15% of the common stock, was one

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Coronado Corporation was formed 5 years ago through a public subscription of common stock. Daniel Brown, who owns 15% of the common stock, was one of the organizers of Coronado and is its current president. The company has been successful, but it currently is experiencing a shortage of funds. On June 10,2026, Daniel Brown approached the Topeka National Bank, asking for a 24-month extension on two \$35.290 notes, which are due on June 30, 2026, and September 30, 2026. Another note of \$6,050 is due on March 31, 2027, but be expects no dithculty in parying this note on its due date. Brown explained that Coronado's cash flow problems are due primarily to the company's desire to finance a $302,830 plant expansion over the next 2 fiscal vears through internally generated funds. The notes payable due at march 31,2025 are due prior to March 31.2026. The commercial loan officer of Topeka National Bank requested the following financial reports for the last 2 fiscal years. "Cath, dividends were paid at the rate of $1 per shure in fiacsl year 2025 and $2 per share in fiscal year 2026 Depreciation churges on the plant and equipment of $100,600 and $102:130 for fscal years ended March 31,2025 and 2026 . respectively, are included in cost of goods sold. (a) Compute the followins items for Coronado Corporation, (ARound answers to 2 decind places, 23. 2.25 or 2.25X ) 1. Current ratio for hecal years 2025 and 2026 2. Acid-test (facick) ratio for fiscal years 2025 and 2026. 3. Imventory turnover for fiscal year 2026 4. Return on assets for freal yean 2025 and 2026 (Assume total assets were $1,697,000 at 3/31/24) 5. Percentagechange in sales, cost of soods sold, gross margin and net income atter tawes from fivcal vear 2025 to 2026 4. Refurn on assets for fiscal years 2025 and 2026 . [Assume tots assets were $1,697,000 at 3/31/24 ] 5. Percentage change in sales, cost of goods sold, gross margin, and net income after taxes from fiscal year 2025 to 2026

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