Item Sales Cost of Goods Sold Gross Profit Income Statement Value $5,234,198 $3,659,135 $1,575,063 Selling Expense General & Administrative Total Operating Expense $227,295 $826,340 $1,053,635 Operating Profit Less Income Tax (40%) Net Profit $521,428 $208,571 $312,857 Dividends Paid (100k shares) $100,000 Activate Window Value Account Cash Accounts Receivable Inventory Balance Sheet Value Account $165,852 Accounts Payable $589,367 Long-Term Debt $1,765,129 Total Liabilities $496,231 $2,950,000 $3,446,231 Plant & Equipment Less Depreciation Net Plant & Equipment $5,500,000 Common Stock $1,100,000 Retained Earnings $4,400,000 Total Equity $2,000,000 $1,474,117 $3,474,117 $6,920,348 Total Assets $6,920,348 Total Liability & Equity Measure Formula Value Current assets / current liabilities 1. Current Ration Total debt / total equity 2. Debt to Equity Ratio Gross profit / sales 3. Gross Margin Net profit/ sales 4. Return on Sales (ROS) Net profit/total equity 5. Return on Equity (ROE) Net profit/ shares outstanding $ 6. Earnings per Share (EPS)