Redard Corporation
Comparative Balance Sheets
June 30, 2018 and June 30 2019
Assets	2018	2019	Difference
Cash	50,000	164,800	114,800
Accounts Receivable	230,000	195,200	(34,800)
Inventory	420,000	320,000	(100,000)
Prepaid Expenses	6,000	5,000	(1,000)
Furniture	144,000	148,000	4,000
Accumulated Depr - Furniture	(24,000)	(42,000)	(18,000)
Total Assets	826,000	791,000
Liabilities & Stockholders Equity
Accounts Payable	200,400	143,400	(57,000)
Income tax payable	7,400	4,400	(3,000)
Notes Payable (Long term)	20,000	40,000	20,000
Bond Payable	200,000	100,000	(100,000)
Common Stock $10 par value	200,000	240,000	40,000
Additional paid in capital	121,440	181,440	60,000
Retained Earnings	76,760	81,760	5,000
Total Liabilities & S/E	826,000	791,000
Redard Corporation
Income Statement
June 30, 2019
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

Paid Dividends of $6,60500
Market Price $75.00
Find the following ratios for 2019: 1. Current Ratio 2. Quick Ratio 3. Accounts Receivable Turnover 4. Days to Collect 5. Inventory Turnover 6. Days on hand 7. Payable Turnover 8. Days to pay 9. Debt to Equity Ratio 10. Number of times interest Earned 11. Profit Margin 12. Assets Turnover 13. Return on Assets 14. Return on Equity 15. Earnings per Share 16. Price/Earnings Ratio 17. Dividend Yield