The following financial statements for Jordan Corporation should be used to calculate the following ratios.

There are 100,000 shares outstanding at the end of both 2016 and 2015.

Market price per share on December 31, 2016 was $45.00 per share.

Company paid $100,000 in dividends during 2016.

Compute the following ratios:

Liquidity:

1. Working capital
2. Current ratio
3. Inventory turnover
4. Days in inventory
5. Accounts receivable turnover
6. Average collection period

Solvency:

1. Debt to assets ratio
2. Times interest earned

Profitability:

1. Earnings per share
2. Price earnings ratio
3. Gross profit ratio
4. Net profit margin ratio
5. Return on assets
6. Asset turnover
7. Dividend payout ratio
8. Return on common equity

The following financial statements for Jordan Corporation should be used to calculate the following ratios. Jordan Corporation Balance Sheets December 31, 2016 and 2015 Assets Current Assets: Cash $ 0 Accounts Receivable 0 Inventory 0 Prepaid Expenses 0 Total Current Assets Property, Plant and Equipment: 0 Equipment 0 Less Accumulated Depreciation Total Property, Plant and Equipment Total Assets Liabilities and Stockholders' Equity Current Liabilities: 0) 0 $ 0 Accounts Payable $ 0 Notes Payable 0 Wages Payable 0 Total Current Liabilities Long Term Liabilities: 0 Notes Payable 0 Bonds Payable 0 Total Long Term Liabilities Total Liabilities Stockholders' Equity Common Stock 0 0 0 250,00 400,00 600,00 25,00 1,275,00 1,000,00 (200,00 800,00 2,075,00 430,00 100,00 30,00 560,00 200,00 150,00 350,00 910,00 500,00 $ 00 00 00 00 0 00 0) 00 $ 0 $ 00 00 00 00 00 00 00 00 00 275,0 450,0 500,0 30,0 1,255,00 900,0 (175,00 725,0 1,980,00 400,0 80,0 20,0 500,0 180,0 200,0 380,0 880,0 500,0 100,00 Additional Paid in Capital 0 Retained Earnings 0 Total Stockholders' Equity 0 $ 0 100,0 00 565,00 500,0 00 1,165,00 Total Liabilities and Equity 2,075,00 1,100,00 0 $ 0 1,980,00 Jordan Corporation Income Statement Years Ended December 31, 2016 and 2015 Sales $ 0 Cost of Goods Sold 0 Gross Profit 0 Operating Expenses 0 Operating Income 0 Interest Expense 0 Income Before Taxes 0 Income Taxes 0 $ 0 Net Income 3,500,00 1,200,00 2,300,00 1,800,00 500,00 25,00 475,00 100,00 375,00 $ 0 0 0 0 00 00 00 00 $ 00 3,300,00 1,150,00 2,150,00 1,700,00 450,0 30,0 420,0 80,0 340,0 There are 100,000 shares outstanding at the end of both 2016 and 2015. Market price per share on December 31, 2016 was $45.00 per share. Company paid $100,000 in dividends during 2016. Compute the following ratios: Liquidity: 1. 2. 3. 4. 5. 6. Working capital Current ratio Inventory turnover Days in inventory Accounts receivable turnover Average collection period Solvency: 1. 2. Debt to assets ratio Times interest earned Profitability: 1. 2. 3. 4. 5. 6. 7. 8. Earnings per share Price earnings ratio Gross profit ratio Net profit margin ratio Return on assets Asset turnover Dividend payout ratio Return on common equity