Prepare statement of profit or loss and financial position

Total assets=$900,000

no prepaid expenses

Trade accounts payables are the only liability

1096 2.5:1 7.5:1 1. Profit to total assets 2. Current ratio 3. Acid test ratio 4. Credit sales to trade accounts receivable 5. Gross profit to sales revenue 6. Trade accounts payable to purchases 7. Credit sales to total sales revenue 2. Profit margin 9. Return on equity (beginning of year) 10. Non-current assets to current assets 2596 4096 7596 1096 3096 1096