Given the following Information on ABC Corp, calculate the ratios below

ABC Corp. Year end statements Balance Sheet $12/31/23$ Balance Sheet $12/31/22$

ASSETS $2023$ LIABILITIES $2023$ ASSETS $2022$ LIABILITIES $2022$

Cash $$3,500,000$ Accounts Payable $1,600,000$ Cash $4,100,000$ Accounts Payable $2,000,000$

Accounts Recievable $2,000,000$ Current portion of LTD $900,000$ Accounts Recievable $2,500,000$ Current portion of LTD $1,000,000$

Inventory $3,500,000$ Accrued Liabilities $1,000,000$ Inventory $3,200,000$ Accrued Liabilities $800,000$

Total Current Assets $9,000,000$ Total Current Liabilities $$3,500,000$ Total Current Assets $9,800,000$ Total Current Liabilities $3,800,000$

Property Plant & Equipment, net $8,000,000$ Long Term Debt $($LTD$)9,000,000$ Property Plant & Equipment, net $7,000,000$ Long Term Debt $($LTD$)9,000,000$

Other Assets $2,000,000$ Shareholder's Equity $6,500,000$ Other Assets $2,000,000$ Shareholder's Equity $6,000,000$

Total Assets $$19,000,000$ Total Liabilities & Equity $19,000,000$ Total Assets $$18,800,000$ Total Liabilities & Equity $$18,800,000$

Income Statement FY $12/31$

$2023$ Answers go in the yellow boxes. Please record answers to $2$ decimal places.

Revenue $$16,000,000$ Do Not enter anything in the columns below this row

Cost of Goods Sold $7,000,000$ Current ratio $12/31/232\mathrm{.}5714285712$

Gross Profit $9,000,000$ Accounts Receivable Turnover $(2023)2$

Total Asset Turnover $(2023)2$

Selling General & Admin $3,680,000$ Inventory Turnover $(2023)2$

Research and Development $1,500,000$ Debt to Equity $12/31/232$

Depreciation and Amortization $1,000,000$ Cash Turnover $(2023)2$

Total Operating expenses $6,180,000$ Days revenue in Cash $(2023)2$

Days Inventory $(2023)2$

Operating Profit $2,820,000$ Return on Assets $(2023)2$

Return on Equity $(2023)2$

Interest Income $100,000$

Interest Expense $700,00020$

Pre tax Profit $2,220,000$

Tax $($@$21\%)466,200$

Net income $$1,753,800\backslash$