Part 2. Computational Analysis Using the provided Financial Statements, provide what is asked.

Dilshad WLL Income Statement for the Year Ended March 2018
Particulars		BD	BD
Sales Revenue			6900000
Less: Cost of Goods Sold			4900000
Gross Profit			2000000
Less: Operating Expenses
	Selling Expenses	600000
	General and Administrative Expenses	490000
	Depreciation Expenses	100000
	Total Operating Expenses		1190000
EBIT			810000
Less: Interest Expense			740000
Net Profit Before Tax			70000
Less Tax (40%)			?
Net Profit after Tax			?
Less : Preferred Stock Dividends			?
Net Profit			?

BALANCE SHEET of XYZ
LIABILITIES		2018	2017	ASSETS		2018	2017
Shareholders Equity				Gross Fixed Assets (at Cost)		2060000	1700000
	Preferred Stock (1500 Shares, 1.60 Dividend)	50000	50000	Less: Accumulated depreciation		500000	350000
	Common stock (100000 Shares @4BD par)	900000	900000	Net Fixed Assets		1560000	1350000
				Current Assets
	Retained Earnings	300000	280000		Cash	35000	30000
Total Stockholders Equity		1340000	1320000		Sundry Debtors	695000	740000
Long Term Debts		1180000	700000		Inventories	810000	770000
Current Liabilities					Total Current Assets	1540000	1540000
	Sundry Creditors	300000	400000
	Notes Payable	200000	350000
	Accruals	80000	120000
Total Current Liabilities		580000	870000
TOTAL LIABILITIES		3100000	2890000	TOTAL ASSETS		3100000	2890000

Requirements;

1. Calculate the preferred stock dividends and the net profit. Then use this information to compute the ratios asked in question 2 below.

2. Calculate the firms 2018 financial ratios to fill in the table given below. Show the calculation for each of the ratio calculated.(

Ratio	Actual (2018)
Current Ratio	?
Quick Ratio	?
Acid Test Ratio / Cash Ratio	?
Inventory Turnover (Times)	?
Average Collection period	?
Total Asset Turnover	?
Debt Ratio (Debt to Total Liabilities)	?
Debt to Equity Ratio	?
Net Profit Ratio	?
Gross Profit Ratio	?