. The selected financial data of Qazi Manufacturing Company are as follows: (4+1 = 5)

Summary of operations 2015

Net sales 1002100

Cost of products sold 520500

Operating expenses 170200

Non-operating expenses 9192

Interest expense 14620

Earnings before income taxes 287588

Income taxes 116473

Net earnings 171115

Other Financial Information

Average property, plant & equip. 302500

Average total assets 839000

Average stockholder's equity 406000

Required:

a) Compute the following for the year ended December 31, 2015 and interpret the results:

Net profit margin

Returns on assets

Return on total equity

Sales to fixed assets

b) Based on your computations, summarize the overall liquidity and profitability position of the firm.

c) Comment on the debt position and the trends indicated in the long-term debt-paying ability.