Q1. Using the financial statement below, please find out the following financial ratios and comment of the financial heath of the organization based on each ratio:

• Current Ratio
• Debt to Equity
• Shareholder Equity Ratio (Equity as % of total)

Assets Current Assets Cash Accounts Receivable Prepaid Rent Inventory Balance Sheet December 31, 2015 Liabilities Current Liabilities 32,800 Accounts Payable 300 Accrued Expenses 1,000 Unearned Revenue 39,800 Total Current Liabilities Long-term Liabilities 73,900 Total Liabilities Owner's Equity Owner's Equity Retained Earnings 98,000 Common Stock 98,000 Total Owner's Equity 171,900 Total Liabilities and Owner's Equity 49,000 450 1,000 50,450 99,500 149,950 Total Current Assets Long-term Assets Leasehold Improvements Accumulated Depreciation Total Long-term Assets 100,000 (2.000) 11,950 10,000 21,950 Total Assets: 171.900