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what are the ratios for liquidity, profitability, and solvency? BALANCE SHEET December 31, 2019 2018 2017 Assets List all of your current assets Cash 5,699,405

what are the ratios for liquidity, profitability, and solvency?

BALANCE SHEET
December 31, 2019 2018 2017

Assets

List all of your current assets

Cash 5,699,405 525,710 658,079

Marketable Securties

- 75,000 15,000
Accounts Recievable 1,793,925 455,000 525,000

Allowance for Bad Debt

- (25,000) (105,000)
Interest Recievable 23,676 23,676 21,574
Prepaid Advertising 160,000 - -
Prepaid Insurance 442,000 139,836 148,945
Prepaid Rent 92,000 29,050 34,982
Office Supplies 33,480 3,520 5,400
Inventory 2,088,650 975,000 775,000

Total Current Assets

10,333,136 2,201,792 2,078,980

List all of your Non-Current Assets

Office Furniture 230,000 - -
Equipment 3,035,000 5,000,000 5,000,000

Accumulated Depreciation

501,500 (2,000,000) 1,500,000

Long-Term Notes Receivable

- 285,000 -
Land 650,000 1,450,000 1,450,000
Patent 165,000 - -

Total Non-Current Assets

4,581,500 4,735,000 4,950,000
Total Assets $ 14,914,636 $ 6,936,792 $ 7,028,980

Liabilities

List your Current Liabilities

Accounts Payable 1,321,639 $ 450,000 570,000
Wages Payable 35,000 35,000 33,000
Interest Payable 4,000 - -

Short-Term Notes Payable

225,000 - -
Deferred Revenue 575,000 - -
Dividends Payable 155,000 155,000 135,000

Bond Interest Payable

- -

Total Current Liabilities

2,315,639 640,000 738,000

List your Non-Current Liabilities

Long-Term Notes Payable

1,288,000 1,250,000 1,250,000
Bonds Payable - - -

Total Non-Current Liabilities

1,288,000 1,250,000 1,250,000

Total Liabilities

3,603,639 1,890,000 1,988,000

Stockholders' Equity

List your Equity Accounts

Common Stock 70,000 1,000,000 1,000,000

Additional Paid-In Capital

- 1,824,406 1,824,406
Treasury Stock - - -
Contributed Capital - 500,000 500,000
Retained Earnings - 1,722,386 1,716,574

Total Stockholder's Equity

70,000 5,046,792 5,040,980

Total Liabilities and SE

$ 3,673,639 $ 6,936,792 $ 7,028,980

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