Note: The common shares are trading in the stock market for $20 per share. Compute the following ratios for the company for 2018: (Please keep in mind that when a ratio involves both income statement and balance sheet numbers, the balance sheet numbers for the beginning and end of the year must be averaged.)

what is the ROA and ROE. Caulated the profit margin and Total asset turnoer. What is the interest coverage ratio.

The financial statements of Flathead Lake Manufacturing Company are shown below. Income Statement 2018 $ 11,500,000 Sales Cost of Goods Sold 7,250,000 Depreciation Expense 600,000 Gross Profit $ 3,650,000 Selling and Administrative Expenses 2,500,000 EBIT $ 1,150,000 Interest Expense 250,000 Income before Tax $ 900,000 Taxes 315,000 Net Income $ 585,000 Flathead Lake Manufacturing Comparative Balance Sheets 2018 2017 Cash $ 60,000 $ 55,000 Accounts Receivable 750,000 675,000 Inventory 600,000 500,000 Total Current Assets $ 1,410,000 $ 1,230,000 Fixed Assets 2,040,000 1, 420,000 Total Assets $ 3,450,000 $ 2,650,000 Accounts Payable $ 420,000 $ 350,000 Bank Loans 480,000 400,000 Total Current Liabilities $ 900,000 $ 750,000 Long-term Bonds 1,500,000 1,000,000 Total Liabilities $ 2,400,000 $ 1,750,000 Common Stock (200,000 shares) 200,000 200,000 Retainded Earnings 850,000 700,000 Total Equity $ 1,050,000 $ 900,000 Total Liabilities and Equity $ 3,450,000 $ 2,650,000