Use the financial statements below for the New Day Corporation compute the ten financial ratios for December 31, 2019.

New Day Coop Balance Statement.pdf

New Day Coop Income Statement PDF.pdf

For market value ratios, assume the New Day Co-op has 230,000 shares of outstanding stock. Additionally, assume the price per share on December 31, 2019 was $17.05.

For comparison, assume a rival company for the New Day Co-op is B&B Enterprises, which also puts on sport camps and clinics around the country. B&B Enterprises had the following ratios based on its December 31, 2019 financial statements:

• Current Ratio 1.90
• Quick Ratio: 0.13
• Total Asset Turnover Ratio: 2.91
• Inventory Turnover Ratio: 2.19
• Debt Ratio: 0.38
• Interest Coverage Ratio: 14.20
• Net Profit Margin: 0.03
• Return on Equity: 0.29
• Market Value: $2,229,102
• Price-to-Earnings: 8.50

All be in the Dec 31,2019 Dec 31, 2018 895,542 864,650 597,792 579,165 297,750 285,485 260,068 257,883 New Day Co-op - Income Statement View: Annual Data Qurtarly Data Period Ending Total Revenue Cost of Revenue Gross Profit Operating Expenses Rescarch Development Selling General and Administrative Non Recurring Others Toul Operating Expenses Operating Income or Loss Income from Continuing Operations Total Other Income/Expenses Net Earings Before Interest And Taxes Interest Expense Income Before Tax Income Tax Expense Minority Interest Net Income From Continuing Ops Non-recurring Events Discontinued Operations Extraordinary Items Effect of Accounting Changes Other Items 37,682 27,602 37.682 2,465 35,217 13,406 27,602 5.198 22,404 8.500 21,811 13.904 Net Income Preferred Stock And Other Adjustments Net Income Applicable To Common Shares 21,811 13,904 21,811 13.904 y Coop Inc....pdf New Day Coop Bal..pdf All be in the Dec 31,2019 Dec 31, 2018 895,542 864,650 597,792 579,165 297,750 285,485 260,068 257,883 New Day Co-op - Income Statement View: Annual Data Qurtarly Data Period Ending Total Revenue Cost of Revenue Gross Profit Operating Expenses Rescarch Development Selling General and Administrative Non Recurring Others Toul Operating Expenses Operating Income or Loss Income from Continuing Operations Total Other Income/Expenses Net Earings Before Interest And Taxes Interest Expense Income Before Tax Income Tax Expense Minority Interest Net Income From Continuing Ops Non-recurring Events Discontinued Operations Extraordinary Items Effect of Accounting Changes Other Items 37,682 27,602 37.682 2,465 35,217 13,406 27,602 5.198 22,404 8.500 21,811 13.904 Net Income Preferred Stock And Other Adjustments Net Income Applicable To Common Shares 21,811 13,904 21,811 13.904 y Coop Inc....pdf New Day Coop Bal..pdf