"The following list gives all the financial information of The Table Corp. Identify where each metric belongs on the balance sheet or the income statement and write the number in the correct place$($s$)$ to create their financial statments.

Once completed, calculate key financial metrics:

Current Ratio, Days Sales Outstanding, Average Revenue per Day, Inventory Turnover, Operating Margin, Gross Profit Percentage, Return on Equity, Debt$/$Equity Ratio."

Accounts Payable $11,000$

Accounts Receivable $15,000$

Accumulated Depreciation $14,000$

Administrative Expenses $7,000$

Beginning Balance, Retained Earnings $35,000$

Buildings $125,000$

Cash $25,000$

Common Stock $25,000$

Corporate Income Tax Expense $13,000$

Cost of Goods Sold $140,000$

Depreciation Expense $9,000$

Dividends $5,000$

Ending Balance, Retained Earnings $9,000$

Gross Profit $210,000$

Inventory, Beginning of Year $10,000$

Inventory, End of Year $16,000$

Machinery & Equipment $28,000$

Manufacturing Costs $29,000$

Mortgage Payable $27,000$

Net Other Income $($Expense$)3,000$

Purchases, Net $138,000$

Revenue $342,000$

Salary & Benefits $25,000$

Total Current Assets $56,000$

Total Operating Expenses $70,000$

Total Stockholders$$ Equity $160,000$

The Table Corp

Balance Sheet

Assets

Current Assets

Cash $25,000$

Accounts Receivable $15,000$

Inventory, End of Year $16,000$

Total Current Assets $56,000$

Fixed Assets

$...$

$...$

$...$

Net Fixed Assets

Total Assets

Liabilities & Stockholders$$ Equity

$...$

Total Current Liabilities

Long$-$Term Debt

$...$

Total Long$-$Term Debt

Total Liabilities

Stockholders$$ Equity

$...$

Retained Earnings

$...$

Total Liabilities and Stockholders$$ Equity

The Table Corp

Income Statement

Revenue

Cost of Goods Sold Calculation

Beginning Inventory

$...$

Goods Available for Sale

Ending Inventory

Cost of Goods Sold

Gross Profit

Operating Expenses

$...$

$...$

$...$

$...$

Total Operating Expenses

Income From Operations

Net Other Income $($Expense$)$

Net Income Before Tax

Corporate Income Tax Expense

Net Income $($Loss$)$

Statement of Retained Earnings

Beginning Balance, Retained Earnings

Net Income $($Loss$)$

Dividends

Ending Balance, Retained Earnings

Calculate Key Financial Metrics:

Current Ratio

Debt to Equity Ratio

Debt to income

Days cash on hand

Days sales outstanding

Average revenue per day

inventory turnover

operating margin

gross profit

gross profit percentage

return on equity

Calculate Key Financial Metrics:

Define what you'd learn by calculating each metric?

What risks can be identified from each metric?

What else would you want to know for each metric to better undestant Desk Corp's position?