Using the income statement and balance sheet on next few pages, fill in the table below with 2016 ratios. Round to the nearest tenth. 1. Current: 2. Quick: 3. Inventory turnover: 4. Days sales outstanding: 5. Fixed Assets Turnover: 6. Total Assets Turnover: 7. Operating Profit Margin: 8. Net Profit Margin: 9. Gross Profit Margin: 10. Return on Total Assets: I 11. Return on Equity: 12. Basic Earning Power: 13. Debt/Net Worth: 14. Times interest earned: Income Statement True Corporation Income Statement: year Revenue Cost of goods sold Gross margin Operating expense Depreciation EBIT Interest expense EBT Taxes Net Income Dividends Retained earnings 2015 $2,000 1,300 700 420 80 200 55 145 58 87 50 37 2016 $2,200 1,452 748 470 83 195 60 135 54 81 50 31 2015 2016 Balance Sheet Balance Sheet Assets Cash Marketable securities Accounts receivable Inventory Current assets $100 0 250 217 567 $100 0 275 242 617 2007 1,200 1,200 445 755 525 675 Equipment and buildings Less accumulated depreciation Net equipment & buildings Land Fixed assets Total assets 755 1,322 675 1,292 108 Liabilities & owners equity Accounts payable Other current liabilities Notes payable Current liabilities 22 121 22 100 243 180 310 Long term debt Common stock Retained earnings Total equity Total liabilities & owners equity 625 120 267 387 625 120 304 424 1,322 1,292