Problem 3-22 Tribko Enterprises collected the following data from its financial reports for 20x3: Stock Price $18.08 Inventory Balance $300,000 Expenses (cxduding COGS) $1,140,000 Shares Outstanding 280,000 Average Issue Price of Shares $5.00 Gross Margin % 4095 Interest Rate TIE Ratio Inventory Turnover Current Ratio Quick ratio Fixed Asset Turnover Complete the following abbreviated financial statements, and calculate per share ratios indicated. (Hint: Start by subtracting the formula for the quick ratio from that for the current ratio and equating that to the numerical difference.) Round your answers (except ratios) to the nearest dollar. Round the values of ratios to 2 decimal places. (Ignore taxes.) Do not round intermediate calculations. INCOME STATEMENT Revenue COGS GM Expense EBIT Interest EBT BALANCE SHEET Current Assets $ Current Liabilities $ Fixed Assets Long Term Debt Paid in Capital* Retained Earnings Total Equity Total Assets $0 $ Total Liabilities & Equity $ RATIOS Book Value per Share $ Market/Book Value Ratio *Paid in Capital=Common Stock + Paid in Excess