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Part B: Standardized Financial Statements and Ratios Tomson Corporation 2013 and 2014 Statement of Financial Position Assets Liabilities 2013 2014 2013 2014 Current Liabilities Current

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Part B: Standardized Financial Statements and Ratios Tomson Corporation 2013 and 2014 Statement of Financial Position Assets Liabilities 2013 2014 2013 2014 Current Liabilities Current Assets Cash A/R Inventory Total s 10,157 A/P S 46,821 -17382 S 43,050 S 8,436 21,530 23,406 Notes Payable S68.726 76213 Tott S 61434 64 203 Long-term Debt S25.000 Owner's Equity Common Stock & Paid-in Surplus Retained Earnings 40,000 40,000 188.316 Net Plant & Equip 226.706 $ 248 306 Total $208,998 228.316 Total Labilities & Total Assets 295.432 324.519 Owners Equity 1. Prepare: The 2014 combined common-size, common-base year statement of financial position for Tomson. Round your intermediate calculations to 2 decimal places and final answers to 4 decimal places. 2. Calculate: 1. 2. 3. 4. 5. 6. The current ratio for each year The quick ratio for each year The cash ratio for each year The NWC to total assets ratio for each year The debt-equity ratio and the equity multiplier for each year The total debt ratio and the long-term debt ratio for each year Round all answers to 2 decimal places

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