1. How to compute the measures of short-term solvency (current ratio, quick ratio, and cash ratio), using the 2009 financial statement data.
2. How to use DuPont identity to compute the Return on Equity for Coogan Development.
3. How to use DuPont identity to compute the Return on Assets for Coogan Development.

Coogan Development Co., Inc. 2009 Income Statement Cost of goods sold Depreciation $ 25,000 16,000 ings before interest and taxes Interest paid Taxable income Taxes (34%) Net Income Retained earmings Dividend:s $ 6,000 $ 4,000 60 S2,640 $ 1,584 1,056 Coogan Development Co., Inc. Balance Sheets as of December 31,2008 and 2009 2008 2009 Assets Current Assets Cash Accounts Receivable $4,000 9,000 5,000 18.000 $ 3,000 11,000 4,500 8,5 Inventory Total Fixed Assets Net plant and equipment Total Assets 30,000 31500 Liabilities and Owners'Equity Current Liabilities $3,000 6,000 $ 2,500 6.416 $8.916 Accounts Payable Notes Payable Total Long-term Debt Owner's Equity Common stock and paid-in surplus Retained earnings Total 14,000 10,000 16,500 11.584 Total liabilities and equity