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Prepare an income statement and balance for the company, and calculate the financial ratios in the 2nd page IS and BS items depreciation expense cash

Prepare an income statement and balance for the company, and calculate the financial ratios in the 2nd page image text in transcribed
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IS and BS items depreciation expense cash long-term debt sales accounts payable general and administrative expense buildings and equipment notes payable accounts receivabke interest expense accrued expenses common stock cost of goods sold inventory taxes accumulated depreciation prepaid expenses taxes payable retained earnings 66,000 225,000 334,000 573,000 102,000 79,000 895,000 75,000 153,000 4,750 7,900 289,000 297,000 99,300 50,500 263,000 14,500 53,000 262,900 RATIOS Liquidity: Current Ratio Acid-test (Quick) Ratio Average Collection Period AR Turnover Inventory Turnover Days of Sales in Inventory Operating profitability: Operating Return on Assets Operating Profit Margin Total Asset Turnover Fixed Asset Turnover Financing: Debt Ratio Times Interest Earned Rate of return common stockholders' investment: Return on Common Equity on

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