Fan'1 Saunt Ratio Analysis Wilcox Corporation Income Statement For the Year Ended December 31, 2015 Net sales Cost of goods sold $2,870 1.98s s 885 Gross profit Operating profit Interest expense S 265 40 Earnings before taxes S 225 Income tax expense Net profit S 145 Wilcox Corporation Balance Sheet December 31, 2015 Assets Current assets Current liabilities Cash Short-term investments 15 s 25 Accounts payable Acerued liabilities $ 85 45 130 240 370 Accounts receivable Total current liabilities Total liabilities Stockholders' equity 70 Long-term debt Total current assets Long-term assets Net PPE Goodwill 390 21 Common stock and PIC Retained earnings Total stockholders' equity Total liabilities and equity 80 410 490 $860 Total assets $860 WilcoxCorporation Statement of Cash Flow Information For the Year Ended December 31, 2015 Cash from operating activities $150 nvesting activities