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Review the scenario and data provided below. Use the data to calculate the ratios. Sunshine Sunglass Company is preparing its quarterly reports. During the quarter,

Review the scenario and data provided below. Use the data to calculate the ratios.

Sunshine Sunglass Company is preparing its quarterly reports. During the quarter, the company had the following data:

Liabilities $25 million

Inventory $3 million

Debt $20 million

Assets $50 million

Profits before interest and taxes $7 million

Interest charges $1 million

Sales $100 million

Net profit after taxes $5 million

Employees 7,000

Revenue $10 million

Days in inventory 100

Earnings per share $2.75 on 100,000 shares outstanding

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