RATIO ANALYSIS Question: The balance sheet and income statement for the JP Robard mfg company areas follows: Particulars Amounts Cash Account receivable Inventories Current Assets Net Fixed Assets Total Assets Account payables Accrued Expenses Short Term Notes Payables Current Liabilities Long term Debt Owners' Equity 500 2000 1000 3500 4500 8000 1000 600 300 2000 2000 4000 8000 8000 (3300) 4700 (3000) 1700 (367) 1333 (533) 800 Total Liabilities and Owners Equity Net Sales (All Credit) Cost of Goods Sold Gross Profit Operating Expenses Operating Income Interest Expense Earnings Before taxes Income taxes (40%) Net Income Calculate the following ratios: Current ratio Debt Ratio Average collection period Inventory turnover Total Assets Turnover Gross profit margin Return on equity Operating income return on investment Times interest ratio Fixed asset turnover Operating profit margin