Find quick ratio using this formula = (cash equivalents + marketable securities + ac receivable) / current liabilities

Find return on equity using this formula = net income / average equity

Find debt ratio using this formula = total liabilities / equity

BALANCE SHEET as at (Date) ASSETS Current Assets: LIABILITIES Current Liabilities: $18,500.00 Accounts Payable Cash in Bank Petty Cash Net Cash Inventory Accounts Receivable Prepaid Insurance $4,800.00 S500.00 Wages Payable $19,000.00 Office Rent $25,400.00 Utilities $14,300.00 430.00 S5,300.00 Federal Income Tax Payable 5,500.00 Overdrafts $2,600.00 Total Current Assets S55,200.00 Customer Deposits 900.00 $720.00 $1,200.00 $24,950.00 Pension Payable Union Dues Payable Fixed Assets: Land S150,000.00 Medical Payable Buildings 330,000.00 Sales Tax Payable $50,000.00 Total Current Liabilities Less Depreciation Net Land & Buildings S430,000.00 Long-Term Liabilities: Equipment Less Depreciation Net Equipment $68,000.00 Long-Term Loans S35,000.00 Mortgage S33,000.00 Total Long-Term Liabilities $40,000.00 S155,000.00 $195,000.00 TOTAL LIABILITIES $219,950.00 Owners' Equity: Common Stock Owner Draws Retained Earnings S120,000.00 50,000.00 S128,250.00 $298,250.00 Total Owners' Equity: TOTAL ASSETS S518,200.00 LIABILITIES AND EQUITY S518,200.00 BALANCE SHEET as at (Date) ASSETS Current Assets: LIABILITIES Current Liabilities: $18,500.00 Accounts Payable Cash in Bank Petty Cash Net Cash Inventory Accounts Receivable Prepaid Insurance $4,800.00 S500.00 Wages Payable $19,000.00 Office Rent $25,400.00 Utilities $14,300.00 430.00 S5,300.00 Federal Income Tax Payable 5,500.00 Overdrafts $2,600.00 Total Current Assets S55,200.00 Customer Deposits 900.00 $720.00 $1,200.00 $24,950.00 Pension Payable Union Dues Payable Fixed Assets: Land S150,000.00 Medical Payable Buildings 330,000.00 Sales Tax Payable $50,000.00 Total Current Liabilities Less Depreciation Net Land & Buildings S430,000.00 Long-Term Liabilities: Equipment Less Depreciation Net Equipment $68,000.00 Long-Term Loans S35,000.00 Mortgage S33,000.00 Total Long-Term Liabilities $40,000.00 S155,000.00 $195,000.00 TOTAL LIABILITIES $219,950.00 Owners' Equity: Common Stock Owner Draws Retained Earnings S120,000.00 50,000.00 S128,250.00 $298,250.00 Total Owners' Equity: TOTAL ASSETS S518,200.00 LIABILITIES AND EQUITY S518,200.00