Redard Corporation
Comparative Balance Sheets
June 30, 2013 and June 30 2014
Assets	2013	2014
Cash	50,000	164,800
Accounts Receivable	230,000	195,200
Inventory	420,000	320,000
Prepaid Expenses	6,000	5,000
Furniture	144,000	148,000
Accumulated Depr - Furniture	(24,000)	(42,000)
Total Assets	826,000	791,000
Liabilities & Stockholders Equity
Accounts Payable	200,400	143,400
Income tax payable	7,400	4,400
Notes Payable (Long term)	20,000	40,000
Bond Payable	200,000	100,000
Common Stock $10 par value	200,000	240,000
Additional paid in capital	121,440	181,440
Retained Earnings	76,760	81,760
Total Liabilities & S/E	826,000	791,000

Redard Corporation
Income Statement June 30, 2014
Sales	1,609,000
Cost of Goods Sold	1,127,800
Gross Profit	481,200
Operating Expenses	349,400
Operating Income	131,800
Gain on sale of furniture	7,000
Interest expense	23,200
Income before income taxes	115,600
Income tax expense	4,600
Net Income	111,000
Additional information:
1. Paid dividends of $6,000
2. Market price $75.00

Find the following ratios for 2014:

1. Inventory Turnover

2. Days on hand

3. Payable Turnover

4. Days to pay

5. Debt to Equity Ratio

6. Number of times interest Earned

7. Profit Margin

8. Assets Turnover

9. Return on Assets

10. Return on Equity

11. Earnings per Share

12. Price/Earnings Ratio

13. Dividend Yield