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Shender Chemical Corp has assets of $ 3 , 8 7 5 , 0 0 0 and liabilities of $ 2 , 9 3 5

Shender Chemical Corp has assets of $3,875,000 and liabilities of $2,935,025. The companys current assets are
$2,245,000, of which $1,000,000 is in receivables and $500,000 is in inventory. Current liabilities are $899,975. Last
year, the companys inventory stood at $650,000.
The company earned a gross profi t of $1,525,075 last year and had operating expenses of $1,115,015, on sales of
$6,350,000. Calculate the companys
a. gross profi t margin
b. net profi t margin
c. current ratio
d. quick ratio
e. liabilities-to-equity ratio
f. inventory turnover ratio
g. average collection days
h. ROA
i. ROE

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