Find below Dolce Gusto Company's financial statements for the year ended December 31st, 2020:

Dolce Gusto Company

Balance Sheet

For the year ended December 31st, 2020

Assets:

Cash and marketable securities

$400,000

Accounts receivable

1,415,000

Inventories

1,847,500

Prepaid expenses

24,000

Total current assets

3,686,500

Fixed assets

2,800,000

Less: accumulated depreciation

(1,087,500)

Net fixed assets

1,712,500

Total assets

$5,399,000

Liabilities:

Accounts payable

$600,000

Notes payable

875,000

Accrued taxes

92,000

Total current liabilities

$1,567,000

Long-term debt

900,000

Common Stock (100,000 shares)

700,000

Retained Earnings

2,232,000

Total liabilities and owner's equity

$5,399,000

Dolce Gusto Company

Income statement

For the year ended December 31st, 2020

Net sales (all credit)

6000000

Less: Cost of goods sold

4000000

Gross Profit

Depreciation expense

135000

Selling and marketing

300000

Operating Profit

interest expense

120000

Earnings before tax

tax (0.4)

Net income

What is the company's current ratio?Answer for part 1

What is the company's quick(acid-test) ratio?

Answer for part 2

What is the company's average collection period?

Answer for part 3

What is the company's debt ratio?

Answer for part 4

What is the company's gross profit?Answer for part 5

What is the company's operating profit?

Answer for part 6

What is the company's earnings before tax?

Answer for part 7

What is the company's tax expense?

Answer for part 8

What is the company's net income?

Answer for part 9

What is the company's EPS?

Answer for part 10

What is the company's P/E ratio assuming its stock price is $50 per share?

Answer for part 11

What is the company's Gross profit margin?

Answer for part 12

What is the company's Operating profit margin?

Answer for part 13

What is the company's total asset turnover?

Answer for part 14

What is the company's Net profit margin?

Answer for part 15