From the balance sheet and income statement calculate the following

1. working capital
2. current ratio
3. acid-test ratio
4. accounts receivable turnover
5. average collection period
6. inventory turnover
7. average days to sell inventory
8. debt ratio
9. debt to equity ratio
10. gross margin percentage
11. earnings per share

\begin{tabular}{|l|c|c|c|c|c|c|} \hline & A & B & C & D & D \\ \hline 1 & & C\&C SPORTS & \\ \hline \end{tabular} Income Statement Horizontal Analysis \begin{tabular}{|l|l|} \hline 6 & Sales \\ \hline 7 & Cost of goods sold \\ \hline \end{tabular} 8 Gross profit 9 Selling and administrative expenses 10 Operating income 11 Interest expense 12 Income before taxes 13 Tax expense (30\%) 14 Net income \begin{tabular}{|l|c|c|c|c|c|c|} \hline & A & B & C & D & D \\ \hline 1 & & C\&C SPORTS & \\ \hline \end{tabular} Income Statement Horizontal Analysis \begin{tabular}{|l|l|} \hline 6 & Sales \\ \hline 7 & Cost of goods sold \\ \hline \end{tabular} 8 Gross profit 9 Selling and administrative expenses 10 Operating income 11 Interest expense 12 Income before taxes 13 Tax expense (30\%) 14 Net income