MNO Printing Co. RATIO 2012 2011 Industry Average current ratio 25 times quick ratio 1 3 times accounts receivable turnover 10.2 times average collection period 35 3 days inventory turnover 6.8 times fixed asset turnover 4 0 times total asset turnover 2. 1 times debt ratio 40.00% debt-equity ratio 66.70% times interest earned 5.80% net profit margin 5.00% return of investment 10.50% return in equity 17.50%MNO Printing Co. Balance Sheet December 31, 2012 and 2011 2012 2011 Assets Cash 3,000 4,500 Accounts Receivable 13,000 8,000 Inventories 6,500 5,000 Prepaid Expenses 1,000 1,200 Total Current Assets 23,500 18, 700 Net Plant & Equipment 31,000 25,000 Total Assets 54.500 43,700 Liabilities & Shareholders' Equity Accounts Payable 4.500 3,600 Notes Payable 3,700 3,500 Acrued Payables 2,000 2,300 Total Current Liabilities 10,200 9,400 Long-Term Debt 16,000 8.500 Total Liabilities 26,200 17,900 Total shareholders' equity 28,300 25.800 Total Liabilities & stockholder's equity 54,500 43,700