Use the below attached financial statements to answer the questions:

1. What is the firms debt, times-interest-earned, and fixed charge coverage ratios?

2. calculate and discuss the firms profitability ratio's-- net profit margin, return on assets, and return on equity

3. Calculate the firms market/book ratio and price/earnings ratio

4. Use the DuPont equation to provide a summary and overview of the company financial condition. What are the firms major strengths and weaknesses?

   

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Balance Sheets Assets Cash A/R Inventories Tot Current Assets Gross Fixed Assets Less Acc. Dep Net Fixed Assets Total Assets Liabilities & Equity A/P N/P Accruals Tot Current Liabilities Long Term Debt Common Stock(100,000 shares) Retained Earnings Total Equity Total Liabilities & equity 2019 $ 63,055.00 $ 402,000.00 $ 836,000.00 $ 1,301,055.00 $ 527,000.00 $ 166,200.00 $360,800.00 $ 1,661,855.00 $ 175,200.00 $ 225,000.00 $ 140,000.00 $540,200.00 $ 424,612.00 $ 460,000.00 $ 237,043.00 $ 697,043.00 $ 1,661,855.00 (continued) 2018 $ 57,600.00 $ 351,200.00 $ 715,200.00 $ 1,124,000.00 $ 491,000.00 $ 146,200.00 $ 344,800.00 $ 1,468,800.00 $ 145,600.00 $ 200,000.00 $ 136,000.00 $ 481,600.00 $ 323,432.00 $ 460,000.00 $ 203,768.00 $ 663,768.00 $ 1,468,800.00 Balance Sheets Assets Cash A/R Inventories Tot Current Assets Gross Fixed Assets Less Acc. Dep Net Fixed Assets Total Assets Liabilities & Equity A/P N/P Accruals Tot Current Liabilities Long Term Debt Common Stock(100,000 shares) Retained Earnings Total Equity Total Liabilities & equity 2019 $ 63,055.00 $ 402,000.00 $ 836,000.00 $ 1,301,055.00 $ 527,000.00 $ 166,200.00 $360,800.00 $ 1,661,855.00 $ 175,200.00 $ 225,000.00 $ 140,000.00 $540,200.00 $ 424,612.00 $ 460,000.00 $ 237,043.00 $ 697,043.00 $ 1,661,855.00 (continued) 2018 $ 57,600.00 $ 351,200.00 $ 715,200.00 $ 1,124,000.00 $ 491,000.00 $ 146,200.00 $ 344,800.00 $ 1,468,800.00 $ 145,600.00 $ 200,000.00 $ 136,000.00 $ 481,600.00 $ 323,432.00 $ 460,000.00 $ 203,768.00 $ 663,768.00 $ 1,468,800.00

Answer rating: 100% (QA)

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