SimWrite SimWrite Income Statement Balance Sheet Beg Balance Assets Balance Profitability Ratios Sales Revenue 10,000,000 Cash & Equivalents 500,000 2,100,000 2,400,000 Return on Sales Cost Of Goods Sold 4,500,000 Accounts Receivable Return on Assets Operating Expense 3,550,000 Inventories Return on Equity Promotion Expenses R & D Expense Operating Income Interest Expense & Other Liquidity Ratios Current Assets ST Liabilities Working Capital Solvency Ratios LT Debt to Equity LT Debt to PPE 600,000 Other 250,000 Current Assets 5,000,000 1,100,000 NetPlant, Property & Equipment 6,000,000 80,000 Other LT Assets Taxes 255,000 Total Assets 11,000,000 Net Income 765,000 ShortTerm debt 2,250,000 1.250,000 7,500,000 Long Term Debt Owner's Equity Retained Earnings Total Liabilities & Equity Efficiency Ratios Operating Income I Sales Revenue Leverage 11,000,000 Times Interest Earned