Requirements;1.Using Bahrain Distributors financial statements (shown below), answer the following questions. Compute for the companys 2017 and 2018 financial ratios

1. Current Ratio b. Quick Ratio c. Cash Ratio d. Debt Ratio e. Net Profit Margin f. Earnings per share g. Return on Total Asset h.Return on Equity

			2018	2017
sales			$11,000	$10,000
Operation costs excluding depreciation			9360	8500
depreciation			380	360
Earnings before interest and taxes			1260	1140
Less interest			120	100
Earning before taxes			1140	1040
Taxes (40%)			456	416
Net income avaible to common stockholders			684	624
Common dividends			220	200
			2018	2017
Assets
Cash			$550	$500
Short-team investments			110	100
Accounts receivable			2750	2500
Inventories			1650	1500
Total current asssets			5060	4600
Net plant and equipment			3850	3500
Total assets			8910	8100
			2018	2017
Liabilities and Equity
Accounts payable			$1,100	$1,000
Accruals			550	500
Notes payable			384	200
Total current liabilities			2034	1700
Long -team debt			1100	1000
Total liabilities			3134	2700
Common stock			4312	4400
Retained earnings			1464	1000
Total common equity			5776	5400
Total liabilities and equity			8910	8100