Sales: 561,528

Operating cost: 396,916

Depreciation: 10,000

Intrest expense: 5,000

Tax expense: 29,408

Cash: 1,000

Recivables: 30,000

Inventories: 66,152

Fixed Assests, Net: 50,000

Payables: 11,000

Accrued Expenses: 10,000

Long-Term Loan: 50,000

Common equity: 76,152

Calculate the following and prepare an income statement and a balance sheet:

1. Current ratio

2. Quick ration

3. NWC to- total-assets( Working captial to assets)

4. Ratio of total debt and liabilities to total assets

5. Ratio of total debt and liabilities to shareholder's equity

6. Intrest coverage

7. Net profit margin

8. Slaes to total assets ( Assets turnover)

9. Return on assets

10. Equity multiplier

11. Return on equity