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Tenglancol stations are for South to inc. 7,052,700 1,005,500 364,600 Cash 20,700 10.000 Cont of goods sold 042.400 56 700 570.400 Short mestments 25,000 23.000

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Tenglancol stations are for South to inc. 7,052,700 1,005,500 364,600 Cash 20,700 10.000 Cont of goods sold 042.400 56 700 570.400 Short mestments 25,000 23.000 22 000 croprothom sales 410,300 436,900 288.400 Accounts receivable net 000 13700 Operating expenses 128,700 139,200 157.000 Merchandise wory 28.000 04.100 32.000 Operating come 201600 297,700 130,000 Prepand expenses 2.300 2000 2.500 Hestens 7250 7.250 7100 Notes recurable, due in 2016 12,500 14 500 13,000 Income before ans 274.350 Property, plant and equipment et 200,450 123,300 200.000 326 000 284009 23,500 25 500 20,000 Totalsts 429,000 420.000 470 200 Net income 250,850 204,50 93,400 in and out Accounts payabile 40.900 40 200 Salaries payable 5,000 6,200 7300 Income taxes payable 4.400 4150 4.750 Long term note payable secured by mortgage on plant assets 153,000 139,000 122.000 Share capital 110,000 100 000 100,000 Retained earrings 115.700 122.250 1010 420.000 Total abilities and equity 420,000 470 100 Compute the acid fest ratio below, and indicate whether the change from year to your is favourable or unfavourable For your analysis assume that all other things have remuned constant Apply your analysis in very goneral forms. All values should be accurate to at least two decimal places Raid 2014 sro Art (select one) (select one Model

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