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For this assignment, please use the attached Bellingham Herald 2018 Financial Statements to calculate five (5) financial ratios below: 1. Current Ratio 2. Quick Ratio

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For this assignment, please use the attached Bellingham Herald 2018 Financial Statements to calculate five (5) financial ratios below: 1. Current Ratio 2. Quick Ratio 3. Days Sales Outstanding 4. Inventory Turnover Ratio 5. Debt Ratio Company Name: Bellingham Herald \begin{tabular}{|l|lr|} \hline \multicolumn{1}{|l|}{ Ilingham Herald Income Statem } & \multicolumn{2}{c|}{2018} \\ \hline \multicolumn{1}{|c|}{ (in Thousands) } & & \\ \hline Operating Revenue & & \\ \hline Sales & $ & 29,216 \\ \hline Sales Returns and Allowances & $ & (217) \\ \hline Net Sales & $ & 28,999 \\ \hline Cost of Goods Sold & $ & 20,359 \\ \hline Gross Profit on Sales & $ & 8,640 \\ \hline Operating Expenses & & \\ \hline Selling Expenses & $ & 2,136 \\ \hline General and Admin Expense & $ & 2,217 \\ \hline Total Operating Expense & $ & 4,353 \\ \hline EBITDA & $ & 4,287 \\ \hline Depreciation Expense & $ & 1,464 \\ \hline EBIT & $ & 2,823 \\ \hline Interest Expense & $ & 1,248 \\ \hline EBT & $ & 1,575 \\ \hline Taxes & $ & 630 \\ \hline Net income & $ & 945 \\ \hline \end{tabular}

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