M&M Associates Balance Sheet December 31, 2020 Cash Accounts Receivable Inventories 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 Eamings 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 Sales Cost of Goods Sold Operating Expenses Depreciation EBIT Interest EBT Taxes35) Net Income Dividends Sun Pick Shares 700000 420000 175000 26250 78750 3000 75750 26513 49238 29543 15 20000 8. Debt to Equity Ratio 1. Current Ratio 9. Equity Multiplier 2. Quick Ratio 10. Times Interest Earned 3. Days Sales Outstanding 11. Net Profit Margin 4. Inventory Turnover 12. Return on Assets 5. Fixed Asset Turnover 13. Return on Equity 6. Total Asset Turnover 14. Earnings per Share 7. Total Debt Ratio