1. The balance sheetof Green House, LLP at the end of its most recent fiscal year shows the following information

Assets			Liabilities and Stockholders' Equity
Cash and marketable securities	$ 23,015		Accounts payable	$ 163,257
Accounts receivable	141,258		Notes payable	21,115
Inventories	212,444
Total current assets	$ 376,717		Total current liabilities	$ 184,372
			Long-term debt	168,022
			Total liabilities	$ 352,394
Net plant and equipment	711,256		Common stock	313,299
Goodwill and other assets	89,879		Retained earnings	512,159
Total assets	$1,177,852		Total liabilities and stockholders' equity	$1,177,582

In addition, the company reported the following:

• Net income = $156,042
• Sales = $4,063,589

Determine the following values for the company

1. Current ratio _____________
2. Quick ratio _____________
3. Days' sales outstanding (DSO) _____________
4. Total asset turnover ratio _____________
5. Fixed asset turnover ratio _____________
6. The following financial statements belong to the company International Carrier Services, for the end of its fiscal year, as of September 30, 2018.

International Carrier Services Income Statement for the Fiscal Year Ended September 30, 2018
Net sales	$51,407
Costofproducts sold	25,076
Gross margin	$26,331
Marketing, research, administrative exp.	15,746
Depreciation	758
Operating income (loss)	$ 9,827
Interest expense	477
Earnings (loss) before income taxes	9,350
Income taxes	2,869
Net income (loss)	$ 6,481

International Carrier Services Balance Sheet as of 9/30/2018
Assets			Liabilities and Stockholders' Equity
Cash and marketable securities	$ 5,469		Accounts payable	$ 3,617
Investment securities	423		Accrued and other liabilities	7,689
Accounts receivable	4,062		Taxes payable	2,554
Total inventories	4,400		Debt due within one year	8,287
Prepaid expenses & other receivables	2,761		Total current liabilities	$22,147
Other non-current assets	1,925
Total current assets	$19,040		Long-term debt	12,554
			Deferred income taxes	2,261
Property, plant, and equip., at cost	25,304		Other non-current liabilities	2,808
Less: Accumulated depreciation	11,196		Total liabilities	$39,770
Net plant and equipment	14,108
Net goodwill & other intangible assets	23,900		Convertible Class A preferred stock	1,526
Total Fixed Assets	38,008		Common stock	2,141
			Retained earnings	13,611
			Total stockholders' equity (deficit)	$17,278
Total Assets	$57,048		Total Liabilities and Stockholders' Equity	$57,048

Calculate the financial ratiosfor the International Carrier Services company and compare them with the financial ratios provided for the haulage services industry to which the evaluated company belongs.

Ratio	International Carrier Services	Industry Average
Current ratio	....	2.05
Quick ratio	....	0.78
Gross margin	....	23.9%
Profit margin	....	12.3%
Debt ratio	....	0.23
Long-term debt to equity	....	0.98
Time interest-earned ratio	....	5.62
ROA	....	5.3%
ROE	....	18.8%

1. Based on the results of the previous year and its evaluation, propose the adjustments or strategies that you understand that the company must make to place itself in a better financial position.
2. Would you invest in stocks or bonds of this company? Explains.