a.	Determine the missing amounts. (Enter your answers in thousands of dollars.)

2.	Calculate the debt-to-assets ratio as of December 31, 2014. (Round your answer to 2 decimal places.)

3.	Calculate the asset turnover ratio for the year December 31, 2014. (Round your answer to 2 decimal places.)

4.	Calculate the net profit margin ratio for the year December 31, 2014. (Round your answer to 2 decimal places.)

b.	What is the amount of net sales to be reported on Rippen Corporation's income statement?

c.	What is the Rippen Corporation's gross profit percentage? (Round your answer to the nearest whole percent.)

Given the following information for Maynor Company in 2014, calculate the company's ending inventory, cost of goods sold, and gross profit, using the following inventory costing methods, assuming the company uses a periodic inventory system:

2014		Units		Unit Cost			Total Cost
Jan 1	Beginning Inventory	28		$	46		$	1,288
Purchases
March 28	Purchase	38			49			1,862
Aug 22	Purchase	38			51			1,938
Oct 14	Purchase	43			54			2,322
Goods Available for Sale		147					$	7,410
Sales				Unit Sales Price			Revenue
May 1	Sales	43		$	66		$	2,838
October 28	Sales	38			66			2,508
Total Revenue		81					$	5,346

a.	Weighted Average: (Do not round intermediate calculations. Round "Average Cost" to 2 decimal places.)

b.	FIFO:

c.	LIFO:

d.	Specific Identification: (The ending inventory consisted of 15 @ $49; 28 @ $51; and 23 @ $54.)

b.What is the amount of net sales to be reported on Rippen Corporation's income statement?c.What is the Rippen Corporation's gross profit percentage? (Round your answer to the nearest whole percent.) Given the following information for Maynor Company in 2014, calculate the company's ending inventory, cost of goods sold, and gross profit, using the following inventory costing methods, assuming the company uses a periodic inventory system: 2014 UnitsUnit CostTotal Cost Jan 1Beginning Inventory28 $46 $1,288 PurchasesMarch 28Purchase38 49 1,862 Aug 22Purchase38 51 1,938 Oct 14Purchase43 54 2,322 Goods Available for Sale147 $7,410 Sales Unit Sales PriceRevenue May 1Sales43 $66 $2,838 October 28Sales38 66 2,508 Total Revenue 81 $5,346 a.Weighted Average: (Do not round intermediate calculations. Round "Average Cost" to 2 decimal places.) b.FIFO: c.LIFO:d.Specific Identification: (The ending inventory consisted of 15 @ $49; 28 @ $51; and 23 @ $54.) a.Determine the missing amounts. (Enter your answers in thousands of dollars.) 2.Calculate the debt-to-assets ratio as of December 31, 2014. (Round your answer to 2 decimal places.)3.Calculate the asset turnover ratio for the year December 31, 2014. (Round your answer to 2 decimal places.) 4.Calculate the net profit margin ratio for the year December 31, 2014. (Round b.What is the amount of net sales to be reported on Rippen Corporation's income statement?c.What is the Rippen Corporation's gross profit percentage? (Round your answer to the nearest whole percent.) Given the following information for Maynor Company in 2014, calculate the company's ending inventory, cost of goods sold, and gross profit, using the following inventory costing methods, assuming the company uses a periodic inventory system: 2014 UnitsUnit CostTotal Cost Jan 1Beginning Inventory28 $46 $1,288 PurchasesMarch 28Purchase38 49 1,862 Aug 22Purchase38 51 1,938 Oct 14Purchase43 54 2,322 Goods Available for Sale147 $7,410 Sales Unit Sales PriceRevenue May 1Sales43 $66 $2,838 October 28Sales38 66 2,508 Total Revenue 81 $5,346 a.Weighted Average: (Do not round intermediate calculations. Round "Average Cost" to 2 decimal places.) b.FIFO: c.LIFO:d.Specific Identification: (The ending inventory consisted of 15 @ $49; 28 @ $51; and 23 @ $54.) a.Determine the missing amounts. (Enter your answers in thousands of dollars.) 2.Calculate the debt-to-assets ratio as of December 31, 2014. (Round your answer to 2 decimal places.)3.Calculate the asset turnover ratio for the year December 31, 2014. (Round your answer to 2 decimal places.) 4.Calculate the net profit margin ratio for the year December 31, 2014. (Round