Kear Co. Income Statement For the Year End December 31, 2013 2013 2012 Net Revenues 500000 495000 Cost of Goods Sold 234000 240000 Gross Profit 266000 255000 Operating Expenses 180000 175000 Net Income 86000 80000 K ear Co. Statement of Shareholders Equity For the Year End December 31, 2013 Retai Capital ned Total Balance January 1, 2012 80000 65000 145000 Stock Issuance 10000 10000 Net Income 86000 86000 Balance December 31, 2013 90000 151000 241000 Note: The number of shares outstanding in 2012 was: The number of shares outstanding in 2013 is: No dividends were issued in either year. K ear Co. Balance Sheet December 31, 2013 20000 2000 Assets 2013 2012 Current Assets Cash 13000 11000 Accounts Recievable 26000 17000 Inventory 33000 27000 Investment Fund 10000 5000 82000 60000 Plant Property and Equipment Trucks 22000 25000 Equipment 30000 30000 Land 40000 40000 Building 70000 70000 162000 165000 Intangibles Patents 59000 23000 Total Assets 303000 248000 Liabilities and Equity Current Liabilities Salaries Payable 20000 18000 Accounts Payable 19000 22000 Current Portion of Mortgage Payabl 3000 3000 42000 43000 Long Term Liabilities Mortgage payable 20000 60000 Total Liabilities 62000 103000 Equity Common Shares Retained Earnings Total Equity Total Liabilities and Equity 90000 80000 151000 65000 241000 145000 303000 248000 *Plant Property and Equipment are reported net of amortization d: Complete the following ratios for the 2013 fiscal year, write the ratio calculation below the ratio name then enter calculation in the blank cell beside. These are provided s starting in cell 03: Current Ratio Quick Ratio Cash Ratio Cash Conversion Cycle Gross Profit Margin Return on Assets Return on Equity Debt to Equity Ratio Earnings per Share