Solve ICP, RCP, OC, PCP and CCC.

1) Using Y/E Balalance sheet values

2) Using average Balance Sheet values

06/31/2020 06/31/2019 Assets Current Assets Cash Accounts Receivable Supplies Inventory Prepaid Insurance Total Current Assets 158700 37125 245000 120000 12750 87500 50000 276750 175000 15000 573575 604250 PP&E Land Building Equipment Accumulated Depreciation Total PP&E 175000 1250000 375000 -134750 1665250 165000 1200000 225000 -125000 1465000 Total Assets 2238825 2069250 325000 12000 30000 10500 377500 420000 11000 25000 9750 465750 Liabilities & Stockholders Equity Current Liabilities Accounts Payable Wages Payable Income Taxes Payable Accrued Expenses Total Current Liabilities Long-Term Debt Bond Payable Total Liabilities Stockholders Equity Common Stock Additional Paid in Capital Retained Earnings Total Stockholders Equity 750000 1127500 800000 1265750 100000 650000 361325 1111325 75000 600000 128500 803500 Total Liabilities & Stockholders Equity 2238825 2069250 Income Statement 06/31/2019 5750000 3750000 Revenue COGS Gross Profit 2000000 Operating Expenses Selling General & Admin Depreciation Gain on Sale of Investments Operating Expenses 834000 675000 9750 -30000 1488750 EBIT 511250 Interest Expense -77500 433750 Income Taxes -130125 Net Income 303625