Need help in Q2 ,Q3,Q4 please explain well

2. Information from a manufacturing company's current year income statement follows. Calculate the company's (a) profit margin ratio, (b) gross margin ratio, and (c) times interest earned. Sales ...... $850,000 Cost of goods sold 455.000 Gross profit $395.000 Operating expenses. 260.000 Operating income $ 135.000 Interest expense - 32.000 Income before taxes. $103.000 Income taxes expense. 12.400 Net income $ 90.6003. Use the financial data shown below to calculate the following ratios for the current year. (a) Current ratio. (b) Acid-test ratio. c) Accounts receivable turnover. (d) Days' sales uncollected (e) Inventory turnover. (f) Days' sales in inventory. Income statement data Sales (all on credit)- $650,000 Cost of goods sold. 425.000 Income before taxes. 78.000 Net income 54,600 Ending Beginning Balances Balances Cash $ 19,500 $ 15,000 Accounts receivable (net) 65,000 60,000 Inventory... 71,500 64,500 Plant and equipment (net) 195.000 Total assets .... $351.000 183.900 $323.400 Current liabilities $ 62,400 $ 52,700 Long-term notes payable. 97,500 100,000 4. A company's calendar-year financial data are shown below. The company had total assets of $339,000 and total equity of $144,400 for the prior year. No additional shares of common stock were issued during the year. The December 31 market price per share is $49.50. Cash dividends of $19,500 were paid during the year. Calculate the following ratios for the company: (a) debt ratio (b) equity ratio c) debt-to-equity ratio d) times interest earned (e) total asset turnover Net sales. $650,000 Cost of goods sold 422.500 Gross profit .. $227,500 Operating expenses 140.500 Operating income $7,000 Interest expense.. 9.100 Income before taxes $ 77,900 Income taxes.. 23.400 Net income 5 54.500