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n My Mainbow. U thing the information. Check with you are not clear about what C G See Deye Interest The Income TA Net Income

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My Mainbow. U thing the information. Check with you are not clear about what C G See Deye Interest The Income TA Net Income Tuy Ming Company Income Statements 2008 520000 19500 5600 900 600 2400 816 S1584 2009 330500 20960 5400 1000 840 2300 282 S1518 Cash Accounts Receivable Inventory Total Current Assets Net Fixed Assets Total Assets Terry Manufacturing Company Balance Sheets 2008 $800 3200 4050 8050 8200 $16950 2009 $120 3800 6250 10170 8700 $18870 Accounts Payable Accruals Notes Payable Total Current Liabilities Long-term Debt Common Stock Total Liabilities and Equity 1250 350 600 2200 5500 9250 $16950 1350 502 200 2052 7000 9818 $18870 2. Calculate values to complete the table for the ratios for Terry in 2009. (2= Net Profit Margin Gross Profit Margin Terry 2009 Tedy 6.64 33.8% Operating Profit Margin Total Asset Turnover 12.8% 1.67 times Fixed Asset Turnover 3.68 times Days Sales in Inventory 113 days Days Sales Outstanding 43 days 22 days Accounts Payable Days 0.86 Debt to Equity 4.86 Current Ratio 4.64 times Times Interest Earned 20.6% Return on Equity

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