Calculate the Inventory balance in 1998 and 1999? What is firm's Net Income in 1998 and...

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Calculate the Inventory balance in 1998 and 1999? What is firm's Net Income in 1998 and 1999? What is the Quick and Current ratio in 1998 and 1999? What is the ROE and EPS in 1998 and 1999? | Thornton Company for the years ending December 31, 1998 and 1999. 1998 1999 Notes Payable $300,000 $320,000 Inventory ?? ?? Sales $3,500,000 $3,900,000 Corporate Bond (Long-term Debt) $580,000 $650,000 Annual Depreciation $100,000 $110,000 Excess Paid in Capital $300,000 $300,000 Taxes $70,000 $90,000 Cash $270,000 $190,000 Accumulated Depreciation $200,000 $310,000 Accounts Payable $470,000 $420,000 Costs of Good Sold $1,800,000 $2,000,000 Interest Expenses $80,000 $90,000 Retained Earnings $180,000 $210,000 Common Stock $100,000 $150,000 Gross Plant & Equipment $1,000,000 $1,310,000 Selling & Administrative Expense $300,000 $450,000 Accounts Receivable $180,000 $230,000 Marketable Securities $220,000 $190,000 Accrued Expenses $70,000 $50,000 Total Shares Outstanding 100,000 150,000 R&D Expense $270,000 $290,000 Calculate the Inventory balance in 1998 and 1999? What is firm's Net Income in 1998 and 1999? What is the Quick and Current ratio in 1998 and 1999? What is the ROE and EPS in 1998 and 1999? | Thornton Company for the years ending December 31, 1998 and 1999. 1998 1999 Notes Payable $300,000 $320,000 Inventory ?? ?? Sales $3,500,000 $3,900,000 Corporate Bond (Long-term Debt) $580,000 $650,000 Annual Depreciation $100,000 $110,000 Excess Paid in Capital $300,000 $300,000 Taxes $70,000 $90,000 Cash $270,000 $190,000 Accumulated Depreciation $200,000 $310,000 Accounts Payable $470,000 $420,000 Costs of Good Sold $1,800,000 $2,000,000 Interest Expenses $80,000 $90,000 Retained Earnings $180,000 $210,000 Common Stock $100,000 $150,000 Gross Plant & Equipment $1,000,000 $1,310,000 Selling & Administrative Expense $300,000 $450,000 Accounts Receivable $180,000 $230,000 Marketable Securities $220,000 $190,000 Accrued Expenses $70,000 $50,000 Total Shares Outstanding 100,000 150,000 R&D Expense $270,000 $290,000