QUESTIONS:

1. What is the amount of CA?
2. What is the amount of Net FA?
3. What is the amount of Total Assets?
4. What is the amount of Total Current Liabilities?
5. What is the amount of Total Equity?
6. What is the amount ofTotal Liability and Equity?
7. Calculate Working Capital?
8. Calculate the Current Ratio
9. Calculate Acid-Test (Quick) Ratio
10. Calculate Inventory Turnover
11. Calculate Accounts Receivable Turnover
12. Calculted Days Sales in Receivables
13. Calculate Debt Ratio
14. Calculate Times Interest Earned Ratio
15. Calculate Rate of Return on Net Sales
16. Calculate Rate of Return on Assets
17. Calculate Rate of Return on Common Stockholders Equity
18. Calculate Earnings per Share of Common Stock
19. Calculate Price/Earnings Ratio

\& OMEGA COMPANY: THE ASSET SIDE OF THE BALANCE SHEET \$ OMEGA COMPANY: THE LIABILITIES AND EQUITY SIDE OF THE BALANCE SHEET OMEGA COMPANY: Income Statement Formulae: Working Capital = Current Assets - Current Liabilities 8. Calculate the Current Ratio = Current Assets Current Liabilities 9. Acid-Test ( Quick ) Ratio =( Cash + ST Investments + Net Current Receivables ) Current Liabilities 10. Inventory Turnover =( Cost of Goods Sold )+( Average Inventory ) 11. Accounts Receivable Turnover =( Net Credit Sales )( Average Net Accounts Receivable ) 12. Days Sales in Receivables = Average Net Accounts Receivable +( Net Sales+365) 13. Debt Ratio = Total Liabilities + Total Assets 14. Times Interest Earned Ratio = Income from Operations + Interest Expense 15. Rate of Return on Net Sales = Net Income Net Sales 16. Rate of Return on Assets =( Net Income + Interest Expense )+ Average Total Assets 17. Rate of Return on Common Stockholders Equity = (Net Income - Preferred Dividends) + (Average Common Stockholders Equity) 18. Earnings per Share of Common Stock = (Net Income - Preferred Dividends )+ number of shares of common stock outstanding 19. Price/Earnings Ratio = Market Price per share + Earnings per share \& OMEGA COMPANY: THE ASSET SIDE OF THE BALANCE SHEET \$ OMEGA COMPANY: THE LIABILITIES AND EQUITY SIDE OF THE BALANCE SHEET OMEGA COMPANY: Income Statement Formulae: Working Capital = Current Assets - Current Liabilities 8. Calculate the Current Ratio = Current Assets Current Liabilities 9. Acid-Test ( Quick ) Ratio =( Cash + ST Investments + Net Current Receivables ) Current Liabilities 10. Inventory Turnover =( Cost of Goods Sold )+( Average Inventory ) 11. Accounts Receivable Turnover =( Net Credit Sales )( Average Net Accounts Receivable ) 12. Days Sales in Receivables = Average Net Accounts Receivable +( Net Sales+365) 13. Debt Ratio = Total Liabilities + Total Assets 14. Times Interest Earned Ratio = Income from Operations + Interest Expense 15. Rate of Return on Net Sales = Net Income Net Sales 16. Rate of Return on Assets =( Net Income + Interest Expense )+ Average Total Assets 17. Rate of Return on Common Stockholders Equity = (Net Income - Preferred Dividends) + (Average Common Stockholders Equity) 18. Earnings per Share of Common Stock = (Net Income - Preferred Dividends )+ number of shares of common stock outstanding 19. Price/Earnings Ratio = Market Price per share + Earnings per share