leuugen/student/main.uni GNMENT URCES Problem 4.37 K 3 Chapter 04 tice Problem Modern Appliances Corporation has reported its financial results for the year ended December 31, 2013. Modern Appliances Corporation Income Statement for the Fiscal Year Ended December 31, 2013 Net sales Cost of goods sold Gross profit $5,398,412,000 3,432,925,255 $1,965,486,745 Selling, general, and administrative expenses 1,036,311,231 299,928,155 $629,247,359 35,826,000 $593,421,359 163,104,554 $430,316,805 Depreciation Operating income Interest expense EBT Income taxes Net earnings Modern Appliances Corporation Balance Sheet as of December 31, 2013 AssetS: Accounts receivable Other Current Assets Cash and cash equivalents $514,412,159 1,046,612,233 981,870,990 313.621.610 $2,856,516,992 Liabilities and Equity: Short-term borrowings Trade accounts payable Other current liabilities $117,109,865 466,937,985 994,289,383 $1,578,337,233 1,200,691,565 397,407,352 1,218,207,588 $2, rotal current liabilities Total current assets Net Fixed Assets Goodwill Other Assets 754,660,275 Long-term debt 118,407,710 Common stock 665,058,7 61 Retained earnings Total liabilities and equit $4.394.643 738 eview Results by Total assets $4,394,643.738 using the information from the financial statements, complete a comprehensive ratio analysis for Modern Appliances Corporation.do 20122hin iley &5ons 1oc AUl Rights Reserved. A Dlv