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The following is the status of the company Candy Corp. for the years 2000 and 2001. Current Assets 2000 2001 Cash $ 200 $ 1,000

The following is the status of the company Candy Corp. for the years 2000 and 2001.

Current Assets 2000 2001

Cash $ 200 $ 1,000 Accounts receivable 1,600 1,000 Inventory 2,200 2,600 TOTAL CURRENT ASSETS $ 4,000 $ 4,600 Gross Fixed Assets $ 12,000 12,400 Less: Accum.Depreciation (6,000) (6,400) Net Fixed Assets 6,000 6,000 TOTAL ASSETS $ 10,000 $ 10,400

Liabilities and Stockholders equity

Accounts payable $ 1,600 $ 1,800 Notes payable 1,000 1,000 Total Current liabilities $ 2,600 $ 2,800 Long-term debt 2,000 1,800 TOTAL LIABILITIES $ 4,600 $ 4,600

Stockholder's equity

Common Stock $ 4,000 $ 4,000 Retained Earnings 1,400 1,800 Total Stockholders equity $ 5,400 $ 5,800 TOTAL EQUITIES $ 10,000 $ 10,400

For the year 2001, this company had a net income of $ 2,600 and paid the amount of $ 2,200 as dividends. Given the information above, calculate the following ratios.

to. "Current ratio" b. "Quick (acid-test) ratio" c. Debt ratio d. "ROA ratio"

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