M&M Associates Balance Sheet December 31, 2020 Cash Accounts Receivable Inventorics Current Assets Gross Fixed Assets Accumulated Depreciation Net Fixed Assets Total Assets 16000 Accounts Payable 24000 Notes Payable 30000 Long Term Debt 70000 Total Debt 140000 Common Stock 35000 Retained Earnings 105000) Total OE 175000 Total L &OE 15000 25000 20000 60000 45000 70000 115000 175000 M&M Associates Income Statement Year Ending December 31, 2010 700000 420000 Sales Cost of Goods Sold Operating Expenses Depreciation EBIT Interest Taxes (35%) Net Income Dividends Stock Price Shares 175000 26250 78750 3000 75750 26513 49238 29543 15 20000 10. Times Interest Eamed 11. Net Profit Margin 12. Return on Assets 13. Return on Equity 14. Earnings per Share