Compute the missing amount and complete the statement of the Cassius company (hint:complete the income statement first)

CASSIUS COMPANY

BALANCE SHEET

AS OF DECEMBER 31, 2016

Cash ?

Current liabilities ?

Accounts receivable(NET) ?

6.08% long term bond payable- 3,700,000

Inventory ?

Common stock 1,755,856

PPE(net) ?

Retained earnings ?

Total assets 8,300,000

Total Liabilities And stockholders equity ?

CASSIUS COMPANY

INCOME STATEMENT

FOR YEAR ENDED DECEMBER 31, 2016

Net Sales ?

Cost of Goods Sold ?

Gross Profit ?

SGA Expense ?

Income from operation ?

Interest expense on bonds Payable ?

Interest before Income taxes ?

Income tax expense ?

Net income 642,000

The following information is available about cassius Companys financial statements:

1. The Accounts Receivable 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

1. Calculate the Quick ratio of the firm

2. Calculate the operating profit margin

3. Calculate whether the firm is successfully trading on the equity

4. Calculate the Financial Leverage index

5. Calculate the interest coverage

6. Calculate the altman Z score

DO NOT ANSWER THE BALANCE SHEET QUESTION. ONLY ANSWER A-F!!!!!!!!!!!