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The following Information is available about the Cassius Compnay's financial statements: 1. The Accounts Recievable Collection Period (DRO) is 38.78 Days 2. The Days

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The following Information is available about the Cassius Compnay's financial statements: 1. The Accounts Recievable Collection Period (DRO) is 38.78 Days 2. The Days Inventory Outstanding (DIO) is 50.12 Days 3. The Current Ratio for the firm is 3.78 4. The Net Profit Margin for the firm is 12.78% 5. The Gross Profit Margin for the firm is 39.5% 6. The Return on Common Equity for the firm is 16.65% 7. The Income Tax Rate for the firm is 25.7% 1. Compute the following information on the Cassius Company A) Calculate the Quick Ratio of the firm B) Calculate the Operating Profit Margin C) Calculate whether the firm is successfully trading on the Equity D) Calculate the Financial Leverage Index E) Calculate the Interest Coverage F) Calculate the Altman Z-Score CASSIUS COMPANY BALANCE SHEET AS OF DECEMBER 31, 2016 Cash Accounts Recievable (Net) 533,727 Inventory PPE (Net) Total Assets CASSIUS COMPANY 1,863,534 Current Liabilities 6.08% Long-Term Bonds Payable Common Stock 744,144 3,700,000 1,755,856 415,604 5,487,135 2,100,00 8,300,000 Total Liabilities and Stockholders Equity 8,300,000 Retained Earnings INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2016 Net Sales Costs of Goods Sold Gross Profit 5,023,474 3,026,643 1,996,831 SGA Expenses 907,806 Income from Operations 1,089,025 Interest Expense on Bonds Payable 224,960 Income Before Income Taxes 864,065 Income Tax Expense 222,065 Net Income 642,000

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