(Please show all work)

1. What is Coogan's debt-equity ratio?

2. What is the common size percentage for accounts payables?

3. what is Coogan's operating flow?

4. What is tge maximum rate the firms assest can grow assets using retained earnings as the inle source of financing?

5. You are required to compare the financials of Coogan Development with South development. Briefly analyze the possible reasons why South Development may not be a. alpropriate benchmark firm for coogan development. (mention at least 2 reasons)

Use the following financial statements to solve Problems 21-25. COOGAN DEVELOPMENT CO., INC. 2017 Income Statement Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes (34%) Net income Retained earnings Dividends $25,000 15,000 3,000 7,000 1,000 6,000 2,040 3.960 2,376 1,584 Balance Sheets as of December 31, 2007 2017 ASSETS Current assets Cash Accounts receivable Inventory Total current assets Fixed assets Net plant and equipment Total assets $ 3,000 11,000 4.500 $ 18,500 31,500 $ 50.000 LIABILITIES AND OWNERS' EQUITY Current liabilities Accounts payable Notes payable Total current liabilities Long-term debt Owners' equity Common stock and paid-in-surplus Retained earnings Total owners' equity Total liabilities and equity $ 2,500 6.416 $8916 $ 13,000 16,500 11,584 $ 28,084 $ 50,000