prepare and interpret a complete ratio analysis of the firm's 2021 operations

Fox Manufacturing Company Income Statement
for the Year Ended December 31, 2021
Sales revenue	$595,000
Less: Cost of goods sold	462,000
Gross profits	$133,000
Less: Operating expenses
General and administrative expenses	$29,900
Depreciation expense	30,400
Total operating expense	60,300
Operating profits	$72,700
Less: Interest expense	10,200
Net profits before taxes	$62,500
Less: Taxes	14,200
Net profits after taxes (earnings available for common stockholders)	$48,300
Earnings per share (EPS)	$2.33

Fox Manufacturing Company Balance Sheet
December 31, 2021
Assets
Cash	$14,900
Marketable securities	6,800
Accounts receivable	34,000
Inventories	82,300
Total current assets	$138,000
Net fixed assets	265,000
Total assets	$403,000
Liabilities and Stockholders' Equity
Accounts payable	$56,500
Notes payable	13,000
Accruals	5,400
Total current liabilities	$74,900
Long-term debt	$144,400
Common stock equity (20,000 shares outstanding)	$110,500
Retained earnings	73,200
Total stockholders' equity	$183,700
Total liabilities and stockholders' equity	$403,000