Little Boston Beer Company 2017 Financial Statement of Earnings Net Revenue $862,992 Cost of Goods Sold $413,091 Gross Profit $449,901 Advertising, selling expense $258,649 General admin. Expenses $73,126 Other $2,451 Total Operating Expenses $334,226 Operating Income $115,675 Other income $467 Income before Income taxes $116,142 Income taxes $17,093 Net Income $ 99,049 Balance Sheet Assets Current Assets Cash $108,399 Accounts Receivable $34,073 Inventories $70,249 Other current assets $18,850 Total current assets $231,571 Property Plant/Equipment(net) $389,789 Goodwill $18,491 Total Assets $639,851 Liabilities & Stockholders Equity Current liabilities Account payable $47,102 Accrued expense/other $73,412 Total current liabilities $120,514 Deferred taxes/other liabilities $ 59,020 Total Liabilities $179,534 Stockholders equity $460,317 Total Liabilities/equity $639,851 Calculate the following ratios: 1. current ratio 2. debt to assets 3. return on net worth 4. asset turnover 5. inventory turnover 6. return on sales 7. gross profit margin 8. Are there others you would consider critical? How is this company doing? what is your analysis