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REQUIRED TASK Flybee Air constructs aircraft to order. The company can manufacture an airplane in only five weeks using prefabricated parts. On each order, the

REQUIRED TASK

Flybee Air constructs aircraft to order. The company canmanufacture an airplane in only five weeks using prefabricated parts. On each order, the company receives a deposit andanother partial payment before the order is completed. On the other hand, a commercial airplane may take one and a half to two years to manufacture after an order is placed. The financial statement information for the current year is listed below:

Accounts Payable

$ 1,039,168

Accounts Receivable

$ 2,228,356

Cash

$ 530,037

COGS

$ 21,758,220

Common Stock

$ 210,000

Depreciation

$ 952,300

Dividends

$ 297,660

Interest

$ 528,170

Inventory

$ 1,798,302

Long-term debt

$ 5,570,000

Net PP&E

$ 17,882,368

Notes Payable

$ 2,100,173

Other Expenses

$ 3,483,370

Retained Earnings

$ 1,519,722

Sales

$ 29,151,760

Assuming that this company does use a 35 percent tax rate. Please calculate the following ratios below.

1) Current ratio
2) Quick ratio
3) Cash ratio
4) Total asset turnover
5) Inventory turnover
6) Receivables turnover
7) Total debt ratio
8) Debt-equity ratio
9) Equity multiplier
10) Times interest earned
11) Cash coverage ratio
12) Profit margin
13) Return on assets
14) Return on equity
15) Retention ratio
16) Internal growth rate
17) Sustainable growth rate

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