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QUAL International Co. provided the following balance sheet and income statement items. Gross plant and equipment 4500 Notes payable 700 Accounts Payable 500 Accounts Receivable

QUAL International Co. provided the following balance sheet and income statement items.

Gross plant and equipment 4500

Notes payable 700

Accounts Payable 500

Accounts Receivable 1000

Cash and equivalents 200

Common stock 1100

Cost of goods sold 3700

Annual Depreciation 800

Interest expense 500

Inventories 700

Long term debt 1100

Accumulated Depreciation 1000

Other current liabilities 500

Retained earnings 1500

Sales 7100

Selling, general and administrative expenses 1200

Taxes 650

Total Shares Outstanding 800

Calculate firms Total Assets and Total Equities?

Calculate firms Net Income.

Calculate firms Net Profit Margin and EPS (Earnings Per Share). Assume that the firm has a total of 500 shares

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