Find the current ratio, quick ratio, and cash ratio for 2012 Discuss whether any of these ratios warrant concern for the company Find the debt ratio and times interest earned ratio Discuss whether any of these ratios warrant concern for the company Calculate the inventory turnover, days sales in inventory receivable turnover, and total asset turnover for 2012 Discuss whether any of these ratios warrant concern for the company Calculate the profit margin, return on asset, and return on equity for 2012 Discuss whether any of these ratios warrant concern the company Income Statement for the Year Ending 12 31 2012 Sales Revenue $350,000 $140,000 COGS Fixed Costs $ 43,000 $ 28,000 SG A Expenses Depreciation EBIT $ 46,000 $ 93,000 $ 18,000 Interest Expense Taxable Income $ 75,000 $ 30,000 Taxes 40 Net Income $ 45,000 Balance Sheet 12 31 2012 Assets Liabilities Cash $ 26,000 Accounts Rec $ 19,000 Inventories $ 53,000 Fixed Assets $448,000 Acc Depreciation $188,000 Intangible Assets $ 82,000 Total Assets $440,000 Notes Payable $ 12,000 Accounts Payable $ 24,000 Long Term Debt $162,000 Owner's Equity Retained Earnings $ 62,000 Common Stock $180,000 Total Liab O E $440,000

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Find the current ratio, quick ratio, and cash ratio for 2012. Discuss whether any of these ratios warrant concern for the company? Find the debt

Find the current ratio, quick ratio, and cash ratio for 2012. Discuss whether any of these ratios warrant concern for the company?
Find the debt ratio and times interest earned ratio. Discuss whether any of these ratios warrant concern for the company?
Calculate the inventory turnover, days sales in inventory receivable turnover, and total asset turnover for 2012. Discuss whether any of these ratios warrant concern for the company?
Calculate the profit margin, return on asset, and return on equity for 2012. Discuss whether any of these ratios warrant concern the company?

Income Statement for the Year Ending 12/31/2012 Sales Revenue $350,000 $140,000 COGS Fixed Costs $ 43,000 $ 28,000 SG&A Expenses Depreciation EBIT $ 46,000 $ 93,000 $ 18,000 Interest Expense Taxable Income $ 75,000 $ 30,000 Taxes @ 40% Net Income $ 45,000 Balance Sheet 12/31/2012 Assets: Liabilities: Cash $ 26,000 Accounts Rec. $ 19,000 Inventories $ 53,000 Fixed Assets $448,000 Acc. Depreciation $188,000 Intangible Assets $ 82,000 Total Assets $440,000 Notes Payable $ 12,000 Accounts Payable $ 24,000 Long-Term Debt $162,000 Owner's Equity Retained Earnings $ 62,000 Common Stock $180,000 Total Liab. & O.E. $440,000