Income Statement			Balance Sheet
Sales	$20,000,000		Assets:
Cost of Goods Sold	8,000,000		Cash	$5,000,000
	12,000,000		Marketable Securities	12,500,000
Selling and Administrative	1,600,000		Accounts Receivable, net	2,500,000
Depreciation	3,000,000		Inventory	30,000,000
EBIT	7,400,000		Prepaid Expenses	5,000,000
Interest	2,000,000		Plant & Equipment	30,000,000
	5,400,000
Taxes (40%)	2,160,000		Total Assets	85,000,000
	3,240,000
Common Stock Div.	600,000		Liabilities and Equity:
	$2,640,000		Accounts Payable	$20,000,000
			Notes Payable	5,000,000
Shares outstanding of common stock = 1,000,000			Accrued Expenses	5,000,000
Market price of common stock = $18			Bonds Payable	25,000,000
			Common Stock	5,000,000
			Capital in Excess of Par	10,000,000
			Retained Earnings	15,000,000
			Total Liabilities and Equity 85,000,000
1-1. The Current Ratio is: 1-2. The Net Profit margin is: 1-3. The Quick Ratio is: 1-4. The Times Interest Earned ratio is: 1-5. The Earnings Per Share is: 1-6. The Gross Profit Margin is: 1-7. The Total Debt to Total Asset ratio is: 1-8. Return on Assets ratio is: 1-9. The Total Asset Turnover ratio is: 1-10. The Operating Profit Margin is: 1-11. The Average Collection Period (365 day year) is: 1-12. The Market to Book ratio is: 1-13. The Debt to Equity ratio is: 1-14. The Inventory Turnover ratio is: 1-15. The Return on Equity is: