Determine the following for the commercial construction company below: X 1. quick ratio 2. current ratio 3. current liabilities to net worth ratio 4. debt to equity ratio 5. fixed assets to net worth ratio 6. current assets to total asset ratio 7. collection period - with and without retention 8. average age of accounts payable 9. assets to revenues ratio 10. working capital turns 11. accounts payable to revenues ratio 12. gross profit margin 13. general overhead ratio 14. profit margin - pretax and after tax 15. return on assets - pretax and after tax 16. return on equity EASTSIDE CONTRACTORS BALANCE SHEET Last Current Year Year ASSETS CURRENT ASSETS Cash Accounts Receivable-Trade Accounts Receivable-Retention Inventory Costs and Profits in Excess of Billings Notes Receivable Prepaid Expenses Other Current Assets Total Current Assets 118,626 243,300 12.905 0 17,507 6,441 3,398 6.228 408,405 78,470 171,734 12,929 0 10,562 0 2,463 3.792 279.950 W 46,000 60.006 56,727 31,159 35,193 229,085 133,314 95.771 110345 614,521 46,000 60.006 56,727 31.159 35.193 229,085 112,393 116,692 115,952 512,594 FIXED AND OTHER ASSETS Land Buildings Construction Equipment Trucks and Autos Office Equipment Total Fixed Assets Less Acc. Depreciation Net Fixed Assets Other Assets Total Assets LIABILITIES Current Liabilities Accounts Payable-Trade Accounts Payable-Retention Billings in Excess of Costs and Profits Notes Payable Accrued Payables Accrued Taxes Accrued Vacation Other Current Liabilities Total Current Liabilities Long-Term Liabilities Total Liabilities OWNER'S EQUITY Capital Stock Retained Earnings Current Period Net Income Total Equity Total Liabilities and Equity 191,046 14.945 2.961 8,330 9.278 6.294 1,960 16.973 251,787 81.668 333.455 142,789 10.159 7.935 13.293 11,394 4.985 1.802 23,863 216,220 49,781 266,001 10,000 271.066 0 281,066 614,521 10,000 236,593 0 246,593 512,594 EASTSIDE CONTRACTORS INCOME STATEMENT REVENUES 2,225,379 CONSTRUCTION COSTS Materials Labor Subcontract Equipment Other Total Construction Costs 414,840 564,783 932,250 68,506 2.761 1.983.140 EQUIPMENT COSTS Rent and Lease Payments Depreciation Repairs and Maintenance Fuel and Lubrication Taxes, Licenses, and Insurance Equipment Costs Charged to Jobs Total Equipment Costs 21.654 18,203 10.805 16.982 862 68.506 GROSS PROFIT 242, 239 OVERHEAD 207,805 NET PROFIT FROM OPERATIONS 34 434 OTHER INCOME AND EXPENSE 7.813 PROFIT BEFORE TAXES 42.247 INCOME TAX 7,774 PROFIT AFTER TAXES 34,473