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Plankton Company Balance Sheet as of Dec 31, 2017 (in $) Cash 112,500 Accounts Payable 150,000 Receivables 336,000 Notes payable 84,000 Inventories 241,500 Other Current

Plankton Company Balance Sheet as of Dec 31, 2017 (in $)

Cash 112,500 Accounts Payable 150,000

Receivables 336,000 Notes payable 84,000

Inventories 241,500 Other Current Liabilities 117,000

Total CA 690,000 Total CL 351,000

L-T debt 256,500

Net Fixed Assets 292,500 Common Equity 375,000

Total Assets 982,500 Total L+E 982,500

Plankton Company Income Statement (year ended Dec 31, 2017in $)

Sales 1,607,000

Cost of Goods Sold

Materials 717,000

Labor 453,000

Heat, Light, and Power 68,000

Indirect Labor 113,000

Depreciation 41,500 1,392,000

Gross Profit 214,500

Selling Expenses 115,000

G&A Expenses 30,000

EBIT 69,500

Interest Expense 24,500

EBT 45,000

Taxes (40%) 18,000

Net Income 27,000

Use the data above for the Plankton Company to calculate the following ratios:

The answers must be carried out to two decimal points.

Current ratio:

Quick ratio:

Inventory Turnover:

Total Assets Turnover:

Profit Margin:

ROA:

ROE:

ROIC:

Total Debt/Total Capital:

Using the DuPont Equation please calculate the ROE? Must show the calculation in order to get credit.

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