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: 11. Return on Equity: 12. Basic Earning Power: 13. Debt/Net Worth: 14. Times interest earned: _ Income Statement: 2016 year 2015 $2,000 $2,200 Revenue 1,300 1,452 Cost of goods sold 700 748 Gross margin 420 470 Operating expense 80 83 Depreciation 200 195 EBIT 55 60 Interest expense 135 EBT 145 58 54 Taxes 81 Net income 87 50 Dividends 50 31 Retained earnings 37 Balance Sheet Balance Sheet $100 Assets $100 Cash 275 Marketable securities 250 Accounts receivable 217 242 Inventory 617 Current assets 567 Equipment and buildings 1.200 1,200 Less accumulated 445 525 depreciation Net equipment & buildings 755 675 Land 675 Fixed assets 755 Total assets 1,322 1,292 Liabilities & owners equity Accounts payable 108 121 Other current liabilities 22 22 Notes payable 180 100 Current llabilities 310 243 Long term debt 625 625 Common stock 120 120 Retained earnings 267 304 Total equity 387 424 Tota lies & owners 1,322 1,292 2015 2016