current ratio 2.292 and 2.555 (2015) quick ratio 1.55 and 1.722 (2015); accounts receivable turnover 40.76; days sales outstanding 8.83; inventory turnover ratio 11.495 times; and average days to sell inventory; 31

debt to assets ratio 0.56 debt to equity = 1.30 interest coverage ratio = 141.66, plant assets to long term disabilities = 0.36

net margin ratio 0.30; asset turnover ratio = 12.9; return on investment = 3.88; return on equity 8.92%

12/31/2014 12/31/2015 Assets Current Assets Cash in bank Accounts receivable Inven Prepaid expenses Total Current Assets 57.0005 63,000 75,000 82,000 66,000 6,000 204,000 230,000 75,000 8,000 Fixed Assets Machinery & equipment 25,200 25,200 229,200248,000 S 18,000 Total Fixed Assets (net of depreciation) TOTAL Assets Liabilities and Equity Current Liabilities S 18,000 89,000 $ 90,000 Total Current Liabilities 89,000 $ 90,000 Long-term Debt Bank loans payable Total Long-term Debt Total Liabilities $ 50,000 62,000 62,000 151,000 78,200 229,200 $ 50,000 140,000 LI 108,000 Total Liabilities & Equity 248,000 Type your response here: Task 4: Financial Analysis Using your ratios, write 200 words describing the company's overall financial condition. Type your response here