The following information is taken from Dudley Company and Doerr Company Financial Statements. Dudley Company Doerr Company Income Statement Sales $420,000 $290,000 Cost of Goods Sold 270,000 128,000 Gross Profit 150,000 162,000 Operating Expenses Salaries 48,000 36,000 Depreciation 14,000 11,000 Advertising 12,000 9,000 Interest 2,000 1,200 Total Operating Expenses 76,000 57,200 Income Before Taxes 74,000 104,800 Income Tax Expense 22,200 31,400 Net Income $51,800 $73,400 Balance Sheet Cash $64,000 $56,000 Account Receivable 27,000 22,000 Inventory 61,000 32,000 Equipment 180,000 205,000 Total Assets $332,000 $315,000 Accounts Payable $41,000 $34,000 Unearned Revenue 11,400 9,000 Long-Term Liabilities 108,000 67,000 Stockholders' Equity 171,600 205,000 Total Liability and Stockholders' Equity $332,000 $315,000 Calculate the following ratios for each company. Do not calculate an average balance for any ratio that requires one, use the current year balance. You will need to calculate current assets, current liabilities and total liabilities. Gross Profit Margin Net Profit Margin Return on Equity Return on Assets Asset Turnover Current Ratio Quick (Acid) Ratio Debt to Equity Debt to Assets Accounts receivable Turnover Days' Sales Outstanding Inventory Turnover Days' Sales in Inventory Dudley Doerr Company Company