The financial statements for Faulkender Company are as follows:

Required:

Calculate the appropriate ratios for the financial and internal perspectives of the balanced scorecard. 

Transcribed Image Text:

FAULKENDER COMPANY Comparative Balance Sheet December 31, 2019, and 2018 Cash Accounts receivable Inventory Plant and equipment Accumulated depreciation Total assets Accounts payable Wages payable Taxes payable Bonds payable Common stock Retained earnings 2019 $ 22,000 2018 $20,000 39,000 64,000 41,500 72,000 288,000 265,000 (80,000) (72,000) $343,500 $316,000 $ 24,000 $37,000 3,500 6,750 100,000 100,000 80,000 80,000 129,250 86,500 $316,000 Total liabilities and shareholders' equity $343,500 4,000 8,500