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please show work for questions 1-12 Income Statement Comparative Balance Sheets At 12-31-18 At 12-31-17 For period 01-01-18 to 12-31-18 Assets Current Assets 87,500 Sales

please show work for questions 1-12
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Income Statement Comparative Balance Sheets At 12-31-18 At 12-31-17 For period 01-01-18 to 12-31-18 Assets Current Assets 87,500 Sales COGS Gross Profit Operating Expenses 5 678,000 $ 65,000 63800 44,000 1,000 86,500 Accounts Receivable $ 267,000 Prepaid Expenses Total Current Assets Long Term Assets Eqipment Accum Depreciation Total Assets 4,400 $ 220,00 124,000 Wages & Other Op txpnses5 51,00 186,900 Depreciation Expense Tetal Operating Expenses Operating income Other Gains (Losses) Gain on sale of equipment Income before taxes Income tax expense Net Income 125,600 $ 141,400 115,000 232,900 2.000 Liobilities Current liobilities Accounts payable Wages payable Income Taxes Payable Total Current L-T notes payable Total Liabilities 141,400 $ 43.890 25,000 s 6,000$ 30,000 15,000 Liablities 34,400 $ 48,800 $64,400$08,800 5 64,400 Shareholders Equity 220,000 $ Retained Earnings Total shareholders equity Total Liabilinies & SE 253,300 12.200 29290 REQUIRED: Cakulate the following: 1) Gross Profit Ratio. 2) Net Profit Margin. 3) Return on Assets ) Return on Equity. ) Current Ratio. ) Quick Ratio. ) Receivables Tunover ) Days Sales Outstanding. ) Inventory Turnove 0] Debt to Assets Ratio. 1) Debt to Equity Ratio. 2) Total Asset Turnover

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