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Using the Income Statement and Balance Sheet provided in the attached file, please calculate the ratios for both years. Calculations can be shown in order

Using the Income Statement and Balance Sheet provided in the attached file, please calculate the ratios for both years. Calculations can be shown in order to revise how each ratio was calculate. .image text in transcribedimage text in transcribedimage text in transcribed

B7 A Statement of Retained Earnings and investor Information C D Statement of Retained Earnings and Investor Information For the Periods Ending December 31, Last Year and This Year Last Year ($) This Year ($) 8 9 INCOME STATEMENT 10 11 12 13 14 552,500) 227,075 325,425 160,225 742,205 259,800 482,405 280,275 15 16 Sales Cost of Sales Gross Profit Operating Expenses (Excluding Depreciation) Depreciation Operating Income (EBIT) Interest Income Before Income Taxes Income Taxes (40%) Net Income 60,000 59,000 105,200 143,130 17 18 34,000 15,863 19 71,200 127,267 20 21 28,480 42,720) 50,907 76,360 22 STATEMENT OF RETAINED EARNINGS AND INVESTOR INFORMATION Retained Earnings Retained Earnings, Be Net Income Subtotal Cash Dividends Pai Retained Earnings, Eng 154,480 42,720 197,200 20.000 177,200 177,200 76,360 253,560 50,000 203,560 Investor Information Market Price per Share Earnings per Share $10.00 $1.42 $65.00 $6.07 Sheet1 ady S Formatting at Table D Style ation E 742,205 259,800 482,405 280,275 Current Assets Cash Marketable Securities Net Receivables Inventories 42,000 93,000 138,000 5,000 30,000 80,000 152,000 6,000 59,000 Total Current Assets 278,000 268,000 143,130 15,863 Property and Equipment 1,200,000 1,091,760 27,267 Less Accumulated Depreciation 200,000 141,000 Net Property and Equipment 1,000,000 50,907 76,360 950,760 TOTAL ASSETS 1,278,000 1.218,760 7,200 5,360 5,560 LIABILITIES AND OWNERS' EQUITY Current Liabilities Accounts Payable Notes Payable Accrued Wages Total Current Liabilities 107,000 15,000 38,000 160,000 45,000 59,000 23,000 127,000 ,000 560 Long-Term Liabilities Long-Term Debt Total Liabilities 200 -07 340,800 500,800 138,200 265,200 Owners' Equity Capital Stock Retained Earnings Total Owners' Equity 600,000 177,200 777,200 750,000 203,560 953,560 TOTAL LIABILITIES AND OWNERS' EQUITY 1.278,000 1.218.760 SAMSUNG 2 3 Investor Information Market Price per Share Earnings per Share $10.00 $1.42 $65.00 $6.07 Blue's Bistro Last Year Blue's Bistro This Year $ Current Ratio Quick Ratio Working Capital $ Property and Equipment Turnover Times Interest Earned Debt-to-Assets Ratio% Profit Margin% Return on Assets% Return on Equity% Price-to- Earnings (P/E) $ Ratio $ Sheet1

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