Question 11 MEGAFRAME COMPUTER CONPANY Balance Sheet As of December 31 ASSETS Cash Accounts receivable Inventory Net plant and equipment Total assets 50,000 70,000 110,000 220,000 450,000 LIABILITIES AND STOCKHOLDERS EQUITY Accounts payable Accrued expenses Long-term debt Common stock Paid-in capital Retained earnings Total liabilities and stockholders' equity 70,000 50,000 130,000 70,000 40,000 90,000 450,000 dersity MATRAM COMPUTIE COMPANY Income Statement For the year ended December 31 Sales (all on endi $ Court of gode sold Grove porn Sales and administrative expense Depreciation Operating profit Interest expense Profit before RCA Theres (30%) Net income $75,000 600,000 275,000 30,000 55,000 190,000 25,000 165,000 49,500 115,500 Calculate the following ratios: 1. Debt Ratio 2. Total Asset Turnover 3. Average Collection Period 4. Price to Earnings ratio if the Market Price is $110 USD today and number of shares issues are 500,000. 5. Operating Return on Assets