Question: When inputting an answer, round your answer to the nearest 4 decimal places. If you need to use a calculated number for further calculations, DO

When inputting an answer, round your answer to the nearest 4 decimal places. If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to 4 decimal places.

Assets Accounts

2021 2022

Cash $45.00 $50.00

A/R $184.00 $178.00

Inventory $103.00 $117.00

Total. $332.00 $345.00

Net Fixed Assets $1,000.00 $1,200.00

Total Assets $1,332.00 $1,545.00

Liabilities Accounts

2021 2022

Accounts Payable $140.00 $196.00

Notes Payable $150.00 $125.00

Total $290.00 $321.00

Long-Term Debt $500.00. $750.00

Common Stock $400.00 $400.00

Retained Earnings $142.00 $74.00

Total Liabilities $1,332.00 $1,545.00

Sales Accounts

2021 2022

Sales $3,151.00

Cost of Goods Sold $2,520.80

Depreciation $200.00

EBIT $430.20

Interest $40.00

Taxes $172.08

Net Income $218.12

Questions

What is the Current Ratio for 2022?

What is the Quick Ratio for 2022?

What is the Times Interest Earned (TIE) for 2022?

What is the Debt to Equity (D/E) Ratio for 2022?

What is the Profit Margin (PM) for 2022?

What is the Total Asset Turnover (TAT) for 2022?

What is the Equity Multiplier (EM) for 2022?

What is the Return on Equity (ROE) for 2022?

What is the Return on Assets (ROA) for 2022?

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