Compute the following 13 ratios. (Use a 360-day year. Do not round intermediate calculations. Input your profit margin, return on assets, return on equity, and debt to total assets answers as a percent rounded to 2 decimal places. Round all other answers to 2 decimal places.) b. Provide what each ratio represents to the company.
Input variables:
JJ's Jammers:
Cash		$20,000
Accounts receivable		$80,000
Inventory		$50,000
Total current assets		$150,000
Gross plant and equipment		$500,000
Accumulated depreciation		$150,000	(input as positive)
Net plant and equipment		$350,000
Total assets		$2,515,000
Accounts payable		$100,000
Bonds payable (long-term)		$80,000
Total liabilities		$180,000
Common stock		$150,000
Capital paid in excess of par		$70,000
Retained earnings		$100,000
Total stockholders' equity		$320,000
Total liabilities and stockholders' equity		$1,000,000
Credit sales		$1,250,000
Cost of goods sold		$750,000
Gross profit		$500,000
Selling and administrative expense		$257,000
Depreciation		$50,000
Operating profit (EBIT)		$193,000
Interest expense		$8,000
Earnings before taxes (EBT)		$185,000
Taxes		$92,500
Earnings after taxes (EAT)		$100,500
Lease payments included in S&A exp		$7,000
Number of days in year		360

Profit margin
Return on assets
Return on equity
Receivables turnover
Average collection period
Inventory turnover
Fixed asset turnover
Total asset turnover
Current ratio
Quick ratio
Debt to total assets
Times interest earned
Fixed charge coverage