Question: Based on the information given below, calculate the following ratios for Big Rock Candy Mountain for fiscal year 2016. (1) (2 pts) current ratio (2)
Based on the information given below, calculate the following ratios for Big Rock Candy Mountain for fiscal year 2016.
(1) (2 pts) current ratio
(2) (2 pts) inventory turnover
(3) (2 pts) debt-to-equity ratio
(4) (4 pts) PE ratio


2016 Shares outstanding 20,000 Year-end Price $12 Big Rock Candy Moeta Mining Co. Balance Sheet For the Yeard Dec 31, 2016 2016 2015 ses Big Rock Candy Mountain Mining Co. Income Status For the Year 2015 and 2016 2016 2015 Sales 5369300 $354.000 Cost of Goods 285.400 281800 Gross Profit 83.900 72,200 Depreciation 26.820 26.360 Selling & Admin Expense 21.820 Other Operating Expense 1.030 1.050 Net Operating Income 32,660 22,940 Interest Expense 7.685 7.505 Earnings Before Taxes 24,975 18435 Thes 9900 6.174 Net Income $14.985 59.261 Marketable Securities Accounts Receivable Inventory Total Current Assets Gross Fixed Assets Acermulated Depreciation Ner Plant & E Torales $14.714 510,300 51.341 $11.090 5.100 $46.910 5-48.490 $104.555 $101.480 $388.000 $352.600 $78,020 $51.200 $0.980 $201.400 $414,ASS 402.840 Notes: Tax Rate 40.00% 3000 Liabilities & Owner's Equity Accounts Payable Acred Expres Total Current Labil Long-term Delt Total Lines Common Stock (51.00 par) Additional Pai -Capital Retained Emin Tonal Oamai Epay Total Liek & Omer's Eye $35.200 $2.850 S88050 $152.700 $190.750 $52.100 $121.500 $32.700 $2.700 16800 5158.600 SILOS $52.100 $121.500 $223.785 5414 415 0 402.840
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