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INCOME STATEMENT revenues (all A/R) COGS gross profit operating expenses EBIT interest expense EBT tax expense net income 2020 1000 400 600 200 400 200

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INCOME STATEMENT revenues (all A/R) COGS gross profit operating expenses EBIT interest expense EBT tax expense net income 2020 1000 400 600 200 400 200 200 100 100 450 STATEMENT of RE beginning retained eamings net income dividends ending retained earnings 100 50 500 200 100 200 cash A/R inventory current assets long-term assets total assets 500 2500 3000 2000 BALANCE SHEET current liabilities 200 long-term liab 1800 total liabilities common stock 500 retained earnings 500 common equity total liabilities & O/E 1000 3000 Calculate the following ratios: net profit margin gross profit margin return on assets/ROI return on equity current ratio quick ratio debt-to-equity times interest earned . O

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