MGMT 341 Edens Garden Assignment
	Fill in each of the blank cells by following the same format found in the Current Ratio example provided (see 4th row). Ratios that indicate there is a problem should have an asterisk (*) in the far right column (use industry median ratios on p. 434 (textbook 8th ed.) for comparison purposes). For those ratios indicating a problem, provide a suggestion for improving the ratio for Edens Garden management below the table in bullet form. Use income statement & balance sheet data on p. 428 (8th ed.) in the textbook to complete the assignment.
Ratio Type	Type in the formula youve chosen (see example below)	Enter Edens #s for formula	PROVIDE YOUR ANSWER
Current Ratio	(Total Current Assets) (Total Current Liabilities)	129936 87622	1.48
Quick Ratio
Debt Ratio
Debt to Net Worth Ratio
Times Interest Earned Ratio
Avg Inventory Turnover
Avg. Collection Period in Days
Payable Period in Days
Net Sales to Total Net Assets
Net Profit on Assets
Net Profit on Sales
Net Profit on Equity

$24,671 $12-300 512,371 3401 59,097 52,658 $2,798 $21,125 $212,249 Less Accumulated Depreciation Eopment Less Accumulated Depreciation Furniture and Fixtures Less Accumulated Depreciation Total Fixed Assets Intangibles (Goodwin Toes Assets $22,375 $1,250 510,295 $1,000 59,295 $150,907 $0 $280 843 Uniforms Repairs and Maintenance Travel Entertainment Total Operating Expenses General Expenses Utaties Telephone Professional Fees Postage Payroll Taxes Total General Expenses Other Expenses Interest Expense Bad check Expense Miscellaneous expense Tots Other Expenses Total Expenses Net Income Credits represented 289,484 of this to 57.987 $2,753 $3,000 $1,892 $11,589 $27,221 554 258 $20,150 $8,118 Labtes Current Liabilities Accounts Payable Notes Payable Credit Line Payable Accrued Wagesstries Payable Accrued interest Payable Accrued Taxes Payable Total Current Liabilities Long Term Liabilities Mortgage Note Payable Total Long-Term Liabilities Owner's Equity Sam Loyd, Capital Total Laboties and Owner's Eoty $21,978 $679 $1,248 51,785 $1.967 $87.622 $23,905 $263,375 $30.189 572,846 $47.000 $119.846 573,375 year-end financial statements from their accountant. At their last meeting with their accountant Shelley Edison, three months ago the Edens had mentioned that they seemed to be having trouble paying their bills on time. "Some of our suppliers have threatened to put us on credt hold,' said loe. $280 843 $24,671 $12-300 512,371 3401 59,097 52,658 $2,798 $21,125 $212,249 Less Accumulated Depreciation Eopment Less Accumulated Depreciation Furniture and Fixtures Less Accumulated Depreciation Total Fixed Assets Intangibles (Goodwin Toes Assets $22,375 $1,250 510,295 $1,000 59,295 $150,907 $0 $280 843 Uniforms Repairs and Maintenance Travel Entertainment Total Operating Expenses General Expenses Utaties Telephone Professional Fees Postage Payroll Taxes Total General Expenses Other Expenses Interest Expense Bad check Expense Miscellaneous expense Tots Other Expenses Total Expenses Net Income Credits represented 289,484 of this to 57.987 $2,753 $3,000 $1,892 $11,589 $27,221 554 258 $20,150 $8,118 Labtes Current Liabilities Accounts Payable Notes Payable Credit Line Payable Accrued Wagesstries Payable Accrued interest Payable Accrued Taxes Payable Total Current Liabilities Long Term Liabilities Mortgage Note Payable Total Long-Term Liabilities Owner's Equity Sam Loyd, Capital Total Laboties and Owner's Eoty $21,978 $679 $1,248 51,785 $1.967 $87.622 $23,905 $263,375 $30.189 572,846 $47.000 $119.846 573,375 year-end financial statements from their accountant. At their last meeting with their accountant Shelley Edison, three months ago the Edens had mentioned that they seemed to be having trouble paying their bills on time. "Some of our suppliers have threatened to put us on credt hold,' said loe. $280 843 $24,671 $12-300 512,371 3401 59,097 52,658 $2,798 $21,125 $212,249 Less Accumulated Depreciation Eopment Less Accumulated Depreciation Furniture and Fixtures Less Accumulated Depreciation Total Fixed Assets Intangibles (Goodwin Toes Assets $22,375 $1,250 510,295 $1,000 59,295 $150,907 $0 $280 843 Uniforms Repairs and Maintenance Travel Entertainment Total Operating Expenses General Expenses Utaties Telephone Professional Fees Postage Payroll Taxes Total General Expenses Other Expenses Interest Expense Bad check Expense Miscellaneous expense Tots Other Expenses Total Expenses Net Income Credits represented 289,484 of this to 57.987 $2,753 $3,000 $1,892 $11,589 $27,221 554 258 $20,150 $8,118 Labtes Current Liabilities Accounts Payable Notes Payable Credit Line Payable Accrued Wagesstries Payable Accrued interest Payable Accrued Taxes Payable Total Current Liabilities Long Term Liabilities Mortgage Note Payable Total Long-Term Liabilities Owner's Equity Sam Loyd, Capital Total Laboties and Owner's Eoty $21,978 $679 $1,248 51,785 $1.967 $87.622 $23,905 $263,375 $30.189 572,846 $47.000 $119.846 573,375 year-end financial statements from their accountant. At their last meeting with their accountant Shelley Edison, three months ago the Edens had mentioned that they seemed to be having trouble paying their bills on time. "Some of our suppliers have threatened to put us on credt hold,' said loe. $280 843 $24,671 $12-300 512,371 3401 59,097 52,658 $2,798 $21,125 $212,249 Less Accumulated Depreciation Eopment Less Accumulated Depreciation Furniture and Fixtures Less Accumulated Depreciation Total Fixed Assets Intangibles (Goodwin Toes Assets $22,375 $1,250 510,295 $1,000 59,295 $150,907 $0 $280 843 Uniforms Repairs and Maintenance Travel Entertainment Total Operating Expenses General Expenses Utaties Telephone Professional Fees Postage Payroll Taxes Total General Expenses Other Expenses Interest Expense Bad check Expense Miscellaneous expense Tots Other Expenses Total Expenses Net Income Credits represented 289,484 of this to 57.987 $2,753 $3,000 $1,892 $11,589 $27,221 554 258 $20,150 $8,118 Labtes Current Liabilities Accounts Payable Notes Payable Credit Line Payable Accrued Wagesstries Payable Accrued interest Payable Accrued Taxes Payable Total Current Liabilities Long Term Liabilities Mortgage Note Payable Total Long-Term Liabilities Owner's Equity Sam Loyd, Capital Total Laboties and Owner's Eoty $21,978 $679 $1,248 51,785 $1.967 $87.622 $23,905 $263,375 $30.189 572,846 $47.000 $119.846 573,375 year-end financial statements from their accountant. At their last meeting with their accountant Shelley Edison, three months ago the Edens had mentioned that they seemed to be having trouble paying their bills on time. "Some of our suppliers have threatened to put us on credt hold,' said loe. $280 843