Using the Assessment 5, Part 1 Template, analyze and compute the necessary financial ratios. The Financial Statements worksheet in the template contains the income statement, balance sheets, and additional information needed. The Ratio Analysis worksheet contains space for your calculations and answers.

	2013 Calculations	2013 Answers
Current Ratio
Quick Ratio
Receivables Turnover
Inventory Turnover
Profit Margin
Asset Turnover
Return on Assets
Return on Equity
Earnings per Share
Price-earnings
Cash Dividend Payout
Debt Ratio
Debt-to-Equity
Times Interest Earned

Orange Company Income Statement For the Years Ended December 31 Orange Company Balance Sheets December 31 2013 2012 2013 600,000 $ 2012 520.000 S Net sales (all on account) Expenses: Cost of Goods Sold Selling and administrative Interest Expense Income Tax Expense Total expenses Net Income S S S S S $ 415,000 S 120.800 S 7,800 S 18,000 $ 561.600 S 38,400 $ 354,000 114,600 6,000 14,000 488,600 31,400 Assets Current Assets Cash Short-term investments Accounts Receivable Inventory Total Current Assets Plant Assets Total Assets S S S S S S S 21,000 $ 18,000 86,000 S 90,000 S 215,000 S 423,000 S 638,000 $ 18,000 15,000 74,000 70,000 177,000 383,000 560,000 Additional Data: 1. The common stock recently sold at $19.50 per share. 2. Cash dividends in the amount of $15,400 were paid out in 2013. S $ 122,000 $ 23,000 S 145,000 S 110,000 20,000 130,000 S Liabilities and Stockholder's Equity Current Liabilities Accounts Payable Income Taxes Payable Total Curent Liabilities Long-term Liabilities Bonds Payable Total Liabilities Stockholder's Equity Common Stock ($5 par value) Retained Earnings Total Stockholder's Equity Total Liabilities and Stockholder's Equity S S 120,000 S 265,000 S 80,000 210,000 S S S S 150,000 $ 223,000 $ 373,000 $ 638,000 S 150,000 200.000 350,000 560,000