PEPATUNG ENTERPRISE

Balance Sheet as at 31 December 2019

Cash	40,050	Accounts Payable	47,500
Accounts receivable	49 200	Notes Payable	38 000
Inventory	40 750	Accruals	40 000
Non-current assets	70 000	Loan term bonds	35,000
		Preferred stock	19,500
		Common stock	20 000
Total Assets	200,000	Total Liabilities and Equity	200,000

PEPATUNG ENTERPRISE

Income Statement for the Year Ended 31 December 2019

Sales	250 000
Less: Cost Of Goods sold	150 000
Gross Profit	100 000
Less: Selling and administrative expenses	53,400
General expenses	25,000
Profit before interest and taxes	21 600
Less: Interest expenses	2,600
Profit before tax	19,000
Less: Tax	10,000
Net Profit after tax	9,000

Based on the given financial statements, calculate the following ratios:

1. Quick ratio
2. Inventory turnover
3. Non-current asset tumover
4. Total asset turnover
5. Debt ratio
6. Times interest earned
7. Net profit margin