Energy Wells Inc.

Income Statement

Period Ended $12/31/2022$

Net Sales

Cost of Goods Sold

Gross Profit

Operating Exnenses

Net Operating Profit

Interest Expense

Earnings Before Tax

Tax$(\mathrm{.}21)$

Net Income

$$1,181,001$

$767,650$

$413,351$

$301,746$

$111,605$

$177$

$71,428$

$15,000$

$$56,428$

$40,177$

Energy Wells Inc

Balance Sheet

As of $12/31/2022$

Footnotes: $1.$ Where appropriate use a $360$ day year

Common shares outstanding: $25,000$

Preferred shares outstanding: $5,000$

Preferred Dividends: $$5,000$

Common Dividends: $$9,000$

Common Stock Market Price Per Share: $$33\mathrm{.}00$

Earnings Per Share: $$2\mathrm{.}06$ Per Share

Calculate and analyze the following financial ratios:

a$.$ Liquidity Ratios: Current Ratio, Quick Ratio.

b$.$ Profitability Ratios: Net Profit Margin, Return on Common Equity.

c$.$ Activity Ratios: Fixed Asset Turnover Ratio, Accounts Receivable Collection Period.

d$.$ Leverage Ratios: Debt Ratio, Time Interest Earned Ratio.