Cut Times NewRol10__ . , A"A" .2swrap Text General Normal Copy Format Painter B 1-B-o--.-Merge & Center. $1%, ,, con attor al For ble as Neutral Calculation Formatting Table Font Styles P21 Given the following Information on ABC Corp, calculate the ratios below ABC Corp Year end statements Balance Sheet 12/31/16 Balance Sheet 12/31/17 2016 2017 3500 00 Accounts Payat 500,000 Cerent ortion of LTD ,200,000 2017 2000,000 1,000,000 LABILITES 3,000,000 Accounts Payable ,000 000 Cument portion f LTD 1,00000Cash 0000Acnued Lastboes Total ament Assets 000 000 Tetal Current Lils3 4,000,000 Total Oument Assets ,000 000 Long Tem Debt LTD) 000,000Sharsholder's Eqaty 000 000Property Plant&Et ,000,00 Leng Tem Dele L.TD) 000,00 Other Assets ,000 000 Other Assets Total Ass" 1,000,000 Total Liablabes&Eqaty 18,000.000 Total Assets Income Statement FY 1201 2017 Answers go in the yeow boses 14,000,000 Cost of Goods Sol Gross Prof 100000 9000,000 Curent ratio 1231/17 Accounts Recrivable Tunover (2017) Total Asuet Turnover (2017 Inventory Turnove (0017) Liablities to Equity 12/31/17 Revenor to Cash (2017) Days revmue in Cash (201 Seling General & Adnan Research and Developeent 1,500,000 5,800,000 3,200,000 100,000 Total Operating expenses Days nventory (0017) Retarn on Assets (2017) Return on Equity (2017) Operating Profit Interest Income IneretExpense 00,000 20 Pre tax Prof Tax (@35%) Net iacome 910 000 S 1,690,000 Prob. 2-Working Capital Prob. 3-Ratios