Question: Compute the missing amount, and complete the statement of the Cassius Compnay (Hint: Complete the Income Statement first) CASSIUS COMPANY BALANCE SHEET AS OF DECEMBER

 Compute the missing amount, and complete the statement of the Cassius

Compute the missing amount, and complete the statement of the Cassius Compnay (Hint: Complete the Income Statement first) CASSIUS COMPANY BALANCE SHEET AS OF DECEMBER 31, 2016 Cash ? Accounts Recievable (Net) ? Inventory ? PPE (Net) ? Total Assets 8,300,000 Current Liabilities 6.08% Long-Term Bonds Payable Common Stock Retained Earnings Total Liabilities and Stockholders Equity ? 3,700,000 1,755,856 ? ? CASSIUS COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2016 Net Sales Costs of Goods Sold Gross Profit ? ? ? SGA Expenses Income from Operations ? ? ? ? Interest Expense on Bonds Payable Income Before Income Taxes Income Tax Expense Net Income ? 642,000 The following Information is available about the Cassius Compnay's financial statements: 1. The Accounts Recievable Collection Period (DRO) is 38.78 Days 2. The Days INventory Outstanding (DIO) is 50.12 Days 3. The Current Ratio for the firm is 3.78 4. The Net Profit Margin for the firm is 12.78% 5. The Gross Profit Margin for the firm is 39.5% 6. The Return on Common Equity for the firm is 16.65% 7. The Income Tax Rate for the firm is 25.7% Compute the following information on the Cassius Company A) Calculate the Quick Ratio of the firm B) Calculate the Operating Profit Margin C) Calculate whether the firm is successfully trading on the Equity D) Calculate the Financial Leverage Index E) Calculate the Interest Coverage F) Calculate the Altman Z-Score

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