Use the income statement and balance sheet above to compute the ratios listed below.

Accounts Receivable 250,000 Accounts Payable 260,000

Capital Surplus 100,000 Cash 190,000

Common Stock 300,000 Costs 640,000

Depreciation Expense 40,000 Dividends 26,750

Net Furniture & Fixtures 200,000 Goodwill 180,000

Interest Expense 50,000 Inventory 175,000

Land 305,000 Line of Credit (used) 200,000

Long Term Loan 340,000 Retained Earnings ?

Sales 925,000 Tax rate 35%

Shares outstanding 15,000

Current Ratio ____________________ Total Debt Ratio ___________________

Earnings Per Share________________ Payables Turnover _________________

Book Value Per Share _____________ Days Sales in Payables ______________

CFO Green Dating Service, Inc. Income Statement As of December 31, 2017 Particulars Amount Sales S925,000 Less: Expenses $640,000 Interest Expense $50,000 Depreciation Expense |$40,000 Net Income $195,000 Tax Rate @35% | $68,250 Net Income After Taxes$126,750 S26,750 Retained Earnings $100,000 Costs Dividends