U Questions you have to know Below are the Financial Statements for Pitt Corporation (expressed in 000's). For the YEAR 2003 &2004 answer the following BALANCE SHEET QUESTIONS for YEAR 2003 and INCOME STATEMENT QUESTIONS for YEAR 2004. 1. How much does the company owe? format answer x.xx 2. What is the net worth of the company at book-value? xxxx 3. What is the value of the total assets? xxx 4. How much OPERATING income did the company make? xoxox 5. What were total sales? x.xxx 6, what was the gross profit as a % of sales? xx% 7. What is the current debt/equity ratio? x.xx 8. What is the current ratio? x.xx 9. How much working capital does the company have? xx 10. What is the NET Income? xxx Pitts Corporation Balance Sheet Income Statement 2004