Draper Consulting Inc.
Income Statement
Year Ended December 31, 2019
Sales Revenue		925,000
Less: Cost of Goods Sold		490,000
Gross Profit		435,000
Expenses:
Wages Expense	207,000
Depreciation Expense	62,000
Insurance Expense	17,000
Interest Expense	12,000
Income Tax Expense	57,000
Total Expense		355,000
Other Income and (Expenses):
Gain on Sale of Equipment		16,000
Net Income		96,000

Draper Consulting Inc.
Balance Sheet
December 31, 2019 and 2018
	2019	2018
Assets:
Current Assets:
Cash	25,000	33,000
Accounts Receivable	68,000	51,000
Inventory	177,000	126,000
Prepaid Insurance	8,000	11,000
Total Current Assets	278,000	221,000
Plant Assets:
Equipment	887,000	763,000
Less: Accumulated Depreciation Equipment	(191,000)	(175,000)
Total Assets	974,000	809,000
Liabilities:
Current Liabilities:
Accounts Payable	37,000	27,000
Interest Payable	7,000	0
Income Tax Payable	11,000	19,000
Total Current Liabilities	55,000	46,000
Long-Term Liabilities:
Bonds Payable	145,000	80,000
Total Liabilities	200,000	126,000
Stockholders' Equity:
Common Stock	660,000	585,000
Retained Earnings	166,000	98,000
Less: Treasury Stock	(52,000)	0
Total Stockholders' Equity	774,000	683,000
Total Liabilities and Stockholders' Equity	974,000	809,000

Draper Consulting, Inc.
Statement of Cash Flows
Year Ended December 31, 2019
Cash Flows from Operating Activities:
Net Income		96,000
Adjustments to reconcile net income to net cash:
Depreciation Expense	62,000
Gain on Sale of Equipment	(16,000)
Increase in Accounts Receivable	(17,000)
Increase in Inventory	(51,000)
Decrease in Prepaid Insurance	3,000
Increase in Accounts Payable	10,000
Increase in Interest Payable	7,000
Decrease in Income Tax Payable	(8,000)	(10,000)
Net Cash Provided by Operating Activities:		86,000
Cash Flows from Investing Activities:
Sale of Equipment	27,000
Purchase of Equipment	(181,000)
Net Cash Used by Investing Activities:		(154,000)
Cash Flows from Financing Activities:
Issuance of Bonds Payable	65,000
Issuance of Common Stock	75,000
Payment of Dividend	(28,000)
Purchase of Treasury Stock	(52,000)
Net Cash Provided by Financing Activities:		60,000
Net increase in cash		(8,000)
Cash Balance, December 31, 2018		33,000
Cash Balance, December 31, 2019		25,000

Based on the financial statements provided and assuming the market price of Drapers stock is $200 per share and there are 100 shares of common stock outstanding, calculate the following ratios for the year ended December 31, 2019. Round all amounts to TWO places past the decimal point. Show your calculations in the boxes provided.

1. Current Ratio
2. Debt Ratio
3. Debt to Equity Ratio
4. Earnings per Share
5. Price to Earnings Ratio
6. Return on Total Assets
7. Return on Common Stockholders Equity