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O 4. (20pts) Planet Express Corporation has 100,000 shares of common stock outstanding and these shares are currently trading at $5 per share. Calculate, interpret,

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O 4. (20pts) Planet Express Corporation has 100,000 shares of common stock outstanding and these shares are currently trading at $5 per share. Calculate, interpret, and fully explain the ratios in (a)-(e). Analyze how the business is performing according to these ratios. a Total debt ratio b. Inventory turnover C. Return on equity d. Price-earnings ratio e. Enterprise value Planet Express Corporation Balance Sheet December 31, 2020 Cash Accounts receivable Inventory Current assets $100,000 300,000 200.000 $222222 Accounts payable Notes payable Current liabilities Long-term debt Total liabilities $400,000 500.000 $24.722 600.000 $7222222 Tangible net fixed assets Intangible net fixed assets $1,300,000 100.000 Common stock Accumulated retained earnings $100,000 1212 Total assets Sama Total liabilities & owners' equity 5 Income Statement Jan Dec 31, 2020 Sales Costs Depreciation EBIT Interest Taxable income Taxes 213 Net income $800,000 500,000 100,000 $21 40.000 $27

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