Question: Given the following balance sheet, fill in the ratio values for 2013 and discuss how these results compare with both the industry average and prior

Given the following balance sheet, fill in the ratio values for 2013 and discuss how these results compare with both the industry average and prior average performance of Sophie Enterprises.
SOPHIE ENTERPRISES CONSOLIDATED BALANCE SHEET,
YEARS ENDED DECEMBER 31, 2012 AND 2013

Given the following balance sheet, fill in the ratio values

SOPHIE ENTERPRISES CONSOLIDATED STATEMENT OF INCOME,
YEARS ENDED DECEMBER 31, 2012 AND 2013 ($THOUSANDS)

2013 2012 Net sales Cost of goods sold $3,500 $2,990 2,135 1,823 Selling, general, and administrative expenses 110Z 974 193 54 139 47 Operating profit Net interest expense Income from operations Income taxes Net income Preferred dividends Net income available for common shares Dividends declared 258 195 129 15 15 76 30 40 Sophie (2013) Current ratio Quick ratio Receivables turnover Average collection period Total asset turnover Inventory turnover Fixed-asset turnover Equity turnover Gross profit margin Operating profit margin Retum Retum on equity Retum on common equity Debt-equity ratio Debt-total capital ratio Interest coverage Fixed charge coverage Cash flow-long-term debt Cash flow-total debt Retention rate Sophie's Average 2.000 1.000 18.000 20.000 1.500 11.000 2.500 3.200 0.400 8.000 0.107 0.118 0.128 0.600 0.400 4.000 3.000 0.400 0.250 0.350 Industry Average 2.200 1.100 18.000 20.000 1.400 12.500 2.400 3.000 0.350 7.500 0.120 0.126 0.135 0.500 0.370 4.500 4.000 0.450 0.300 0.400 on capital

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