Question: 1. (15 points) Determine a) the current ratio, b) the debt ratio, and c) the return on equity (ROE). What insight do the results give

 1. (15 points) Determine a) the current ratio, b) the debt

1. (15 points) Determine a) the current ratio, b) the debt ratio, and c) the return on equity (ROE). What insight do the results give you into the company's financial operations? Year 71./470 171.734 10.12 o 2469 3.79 1.000 EASTSIDE CONTHACTORS BALANCE SHEET Current Ver ASSETS CURRENT ASSETS C Account Trade 20.300 hai v sinh lin vo 12.05 Inventory . Cash Proofing 17.07 Notes Piece 4,441 Pred Expo 3.30 Other Cura Toalett 00405 FRED AND OTHER ASSETS 46.000 Bedings 60,000 Construction Equipment 55,727 Trucandulos 31.150 oto Fapers 35.198 Total de 22 Late Ac Deprecation 133 314 Niet edhe Other 110.945 Total 11 LIBUTES Current List Accounts Payable Trade 191,046 Acours Payable-Retention 14.04 Bing in Enfants and Profile 20 Notes Payable 8.800 Aco Payable 0.278 Acued Tax 6204 Accrued to 1,900 Other Current 15,972 Tool Current List 251.737 Long-Terms BT500 Toutes 383,465 OWNER'S EQUITY Cuptock 10.000 Reed Earings 271.00 Curro Parlame Total Equity 21 Totilies and Eary 614521 0.00 56,727 31,190 95.15 085 112 33 116.00 115.252 1512594 EASTSIDE CONTRACTORS INCOME STATEMENT REVENUES 2226.370 CONSTRUCTION COSTS Materials Lato 564,75 Surat 932.250 Event 6,500 Other 2.700 Total Construction Conta 1,183.140 EQUIPMENT COSTS and Pwers 21.164 Depreciation 18.200 There and Mann TOROS Ford Lubrication Tan Leande 102 Four Chat Jobs SON Total en Costa o GROSS PROFIT OVERHEAD 207.30 NET PORT HOM OPERATIONS M434 OTHER INCOMENDOSE 731 PORT BEFORE TAXES 42 247 INCOME TAX 7.774 PROFIT AFTER THES 10.15 7.835 13.20 11.394 4,086 1. 216.220 40,701 266,00 10.000 0 24. SLIST

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