Nelson Co

Instructions:

1) Ratio of fixed assets to long term liabilties

2) Ratio of liabilties to shareholders' equity

3) Number of times interest charges are earned

4) Number of times preferred dividends are earned

5) Ratio of net sales to assets

NELSON CO Income Statement For the Year Endin Sales Less: Cost of Goods Sold Gross Profit Less: Selling Expenses Less: Administrative Expenses Income from Operations Add: Other Income Less: Interest Expenses Income before taxes Less: Income taxes (25%) Net Income 12/31/1612/31/17 85000009150000 45000005350000 40000003800000 1600000 1900000 1300000 1400000 1100000 40000 50000 1090000 272500 817500 500000 150000 30000 620000 155000 465000 NELSON CO Retained Earnings Statement For the Year Ending 12/31/1612/31/17 Retained Earnings-Beg. Balance Add: Net Income Less: Preferred Dividends Less: Common Dividends Retained Earnings-Ending Balance 37840004551000 465000 500 50000 551000 4965500 817500 500 50000