Sweet Dreams Corp.

Income Statement
For the Year Ended Dec. 31 2017
2017 2016
Sales 3,074,000 2,567,000
Cost of Goods Sold 2,088,000 1,711,000
Gross Profit 986,000 856,000
Selling and G&A Expenses 294,000 295,000
Fixed Expenses 35,000 35,000
Depreciation Expense 239,000 223,000
EBIT 418,000 303,000
Interest Expense 93,000 91,000
Earnings Before Taxes 325,000 212,000
Taxes 94,000 64,000
Net Income 231,000 148,000

Tax Rate 28.92% 30.19%

 Sweet Dreams Corp.
Balance Sheet
As of Dec. 31 2017
Assets 2017 2016
Cash 431,000 339,000
Accounts Receivable 503,000 365,000
Inventories 289,000 300,000
Total Current Assets 1,223,000 1,004,000
Gross Fixed Assets 4,669,000 4,322,000
Accumulated Depreciation 2,295,000 2,056,000
Net Fixed Assets 2,374,000 2,266,000
Total Assets 3,597,000 3,270,000
Liabilities and Owners' Equity
Accounts Payable 382,000 270,000
Short-term Notes Payable 79,000 99,000
Accrued Expenses 159,000 114,000
Total Current Liabilities 620,000 483,000
Long-term Debt 1,023,000 967,000
Total Liabilities 1,643,000 1,450,000
Common Stock 819,000 808,000
Retained Earnings 1,135,000 1,012,000
Total Shareholder's Equity 1,954,000 1,820,000
Total Liabilities and Owners' Equity 3,597,000 3,270,000
 Sweet Dreams, Corp.
Industry
Ratios 2017 2016 2017 Analysis
Liquidity Ratios
Current Ratio 1.97x 2.08x 2.50x Bad
Quick Ratio 0.57x 0.49x 0.60x Ok
Efficiency Ratios
Inventory Turnover Ratio 7.22x 5.70x 6.50x Good
Accounts Receivable Turnover Ratio 6.11x 7.03x 8.00x Bad
Average Collection Period 58.91 days 51.19 days 40.00 days Bad
Fixed Asset Turnover 1.29x 1.13x 2.00x Ok
Total Asset Turnover 0.85x 0.79x 2.00x Ok
Leverage Ratios
Total Debt Ratio 45.68% 44.34% 50.00% Ok
Long-Term Debt Ratio 28.44% 29.57% 20.00% Ok
LTD to Total Capitalization 34.36% 34.70% 30.00% Ok
Debt to Equity 0.84x 0.80x 0.90x Ok
Long-Term Debt to Equity 52.35% 53.13% 40.00% Ok
Coverage Ratios
Times Interest Earned 4.49x 3.33x 2.50x Good
Cash Coverage Ratio 7.06x 5.78x 3.50x Good
Profitability Ratios
Gross Profit Margin 32.08% 33.35% 20.00% Ok
Operating Proft Margin 13.60% 11.80% 7.00% Good
Net Proft Margin 7.51% 5.77% 5.00% Good
Return on Total Assets 6.42% 4.53% 5.00% Good
Return on Equity 11.82% 8.13% 8.00% Good
Return on Common Equity 11.82% 8.13% 10.00% Good

Du Pont ROE 11.82% 8.13%

Market Value of Equity 1,200,000
Z-Score for Public Firms 2.32 1.72
Z-Score for Private Firms 2.10 1.97

Sweet Dreams, Corp.

Economic Profit Calculations
2017 2016
Tax Rate 28.92% 30.19%
NOPAT 297,102 211,528
Total Operating Capital 3,056,000 2,886,000
After-tax Cost of Capital 12% 12%
Dollar Cost of Capital 366,720 346,320
Economic Profit (69,618) (134,792)
 Powerful Tools Inc. Powerful Tools Inc.
Income Statement Balance Sheet
For the Year Ended December 31, 2017 As of December 31, 2017
2017
Sales Ratio Assets
Cost of Goods Sold Formula Cash
Gross Profit Ratio Accounts Receivable
Operating Expenses Formula Inventories
Earnings Before Interest and Taxes Ratio Total Current Assets
Interest Expense Formula Gross Fixed Assets
Earnings Before Taxes Formula Accumulated Depreciation
Taxes Formula Net Fixed Assets
Net Income 50,000 Total Assets
Liabilities and Owner's Equity
Notes: Tax Rate 40% Accounts Payable
Short-term Bank Notes
Ratio Value Total Current Liabilities
Inventory Turnover 5.00x Long-term Debt
Net Profit Margin 7% Total Liabilities
Total debt ratio 60.00% Common Equity
Gross Profit Margin 30.00% Total Liabilities and Owner's Equity
Operating Profit Margin 15.00%
Return on Total Assets 5.00%
Long-Term Debt Ratio 50.00%
ols Inc.
heet
r 31, 2017
2017

70,000
50,000
Ratio
Formula
1,000,000
Formula
Formula
Ratio

20,000
Formula
Formula
Ratio
Ratio
Formula
Formula
 Powerful Tools Inc.
Income Statement
For the Year Ended December 31, 2017
2017
Sales 714,286 Ratio
Cost of Goods Sold 500,000 Formula
Gross Profit 214,286 Ratio
Operating Expenses 107,143 Formula
Earnings Before Interest and Taxes 107,143 Ratio
Interest Expense 23,810 Formula
Earnings Before Taxes 83,333 Formula
Taxes 33,333 Formula
Net Income 50,000 50,000

Notes: Tax Rate 40%

Ratio Value
Inventory Turnover 5.00x
Net Profit Margin 7%
Total debt ratio 60.00%
Gross Profit Margin 30.00%
Operating Profit Margin 15.00%
Return on Total Assets 5.00%
Long-Term Debt Ratio 50.00%
 Powerful Tools Inc.
Balance Sheet
As of December 31, 2017
2017
Assets
Cash 70,000 70,000
Accounts Receivable 50,000 50,000
Inventories 100,000 Ratio
Total Current Assets 220,000 Formula
Gross Fixed Assets 1,000,000 1,000,000
Accumulated Depreciation 220,000 Formula
Net Fixed Assets 780,000 Formula
Total Assets 1,000,000 Ratio
Liabilities and Owner's Equity
Accounts Payable 20,000 20,000
Short-term Bank Notes 80,000 Formula
Total Current Liabilities 100,000 Formula
Long-term Debt 500,000 Ratio
Total Liabilities 600,000 Ratio
Common Equity 400,000 Formula
Total Liabilities and Owner's Equity 1,000,000 Formula
Color Key:
Calculated from ratio
Calculated from formula
All others were given
 Cristal Clear, Inc. Cristal Clear, Inc.
Ratios 2017 2016 Income Statement
Liquidity Ratios For the Year Ended Dec. 31, 201
Current Ratio 2.35x Ratio
Quick Ratio Ratio 0.80x Sales
Efficiency Ratios Cost of Goods Sold
Inventory Turnover Ratio Ratio 3.50x Gross Profit
Accounts Receivable Turnover Ratio 14.00x Ratio G&A Expenses
Average Collection Period Ratio 40.00 days Other Expenses
Fixed Asset Turnover 15.00x Ratio Depreciation
Total Asset Turnover Ratio Ratio EBIT
Leverage Ratios Interest Expense
Total Debt Ratio 60.00% Ratio Earnings Before Taxes
Long-Term Debt Ratio Ratio 35.00% Taxes
LTD to Total Capitalization Ratio Ratio Net Income
Debt to Equity Ratio Ratio Notes
Long-Term Debt to Equity Ratio Ratio Tax Rate
Coverage Ratios
Times Interest Earned Ratio 4.00x
Cash Coverage Ratio 3.00x Ratio
Profitability Ratios
Gross Profit Margin Ratio Ratio
Operating Proft Margin Ratio Ratio
Net Proft Margin Ratio 3.00%
Return on Total Assets 4.20% Ratio
Return on Equity Ratio 12.00%
Return on Common Equity Ratio Ratio
Cristal Clear, Inc. Cristal Clear, Inc.
ncome Statement Balance Sheet
Year Ended Dec. 31, 2017 As of Dec. 31, 2017
2017 2016 Assets 2017 2016
Ratio Ratio Cash and Equivalents 46,000 50,000
Ratio 2,466,000 Accounts Receivable Ratio Ratio
Formula Formula Inventory Formula Ratio
Formula 207,000 Total Current Assets Ratio Formula
115,000 Formula Plant & Equipment Formula 435,000
Ratio Ratio Accumulated Depreciation 146,000 Formula
173,000 Ratio Net Fixed Assets Formula Formula
Formula 54,000 Total Assets Ratio 1,490,000
Formula Formula Liabilities and Owners' Equity
Formula Formula Accounts Payable Formula 131,000
59,500 Formula Short-term Notes Payable 201,000 Formula
Other Current Liabilities 121,000 117,000
40% Total Current Liabilities 480,000 Ratio
Long-term Debt Formula Formula
Total Liabilities Ratio Formula
Common Stock Formula 408,000
Retained Earnings 199,000 Formula
Total Shareholder's Equity Formula Ratio
Total Liabilities and Owners' Equity Formula Formula
 Cristal Clear, Inc.
Ratios 2017 2016
Liquidity Ratios
Current Ratio 2.35x 2.17x
Quick Ratio 0.74x 0.80x
Efficiency Ratios
Inventory Turnover Ratio 3.89x 3.50x
Accounts Receivable Turnover Ratio 14.00x 9.00x
Average Collection Period 25.71 days 40.00 days
Fixed Asset Turnover 15.00x 8.63x
Total Asset Turnover 3.06x 2.17x
Leverage Ratios
Total Debt Ratio 60.00% 45.64%
Long-Term Debt Ratio 26.12% 35.00%
LTD to Total Capitalization 39.50% 17.14%
Debt to Equity 1.50x 0.84x
Long-Term Debt to Equity 65.29% 20.68%
Coverage Ratios
Times Interest Earned 1.97x 4.00x
Cash Coverage Ratio 3.00x 3.63x
Profitability Ratios
Gross Profit Margin 30.60% 23.89%
Operating Proft Margin 4.00% 6.67%
Net Proft Margin 1.37% 3.00%
Return on Total Assets 4.20% 6.52%
Return on Equity 10.50% 12.00%
Return on Common Equity 10.50% 12.00%
 Cristal Clear, Inc. Cristal Clear, Inc.
Income Statement Balance Sheet
For the Year Ended Dec. 31, 2017 As of Dec. 31, 2017
2017 2016 Assets
Sales 4,330,000 3,240,000 Cash and Equivalents
Cost of Goods Sold 3,005,089 2,466,000 Accounts Receivable
Gross Profit 1,324,911 774,000 Inventory
G&A Expenses 988,411 207,000 Total Current Assets
Other Expenses 115,000 371,000 Plant & Equipment
Depreciation 48,500 -20,000 Accumulated Depreciation
EBIT 173,000 216,000 Net Fixed Assets
Interest Expense 73,833 54,000 Total Assets
Earnings Before Taxes 99,167 162,000 Liabilities and Owners' Equity
Taxes 39,667 64,800 Accounts Payable
Net Income 59,500 97,200 Short-term Notes Payable
Other Current Liabilities
Notes: Total Current Liabilities
Tax Rate 40% Long-term Debt
Total Liabilities
Common Stock
Retained Earnings
Total Shareholder's Equity
Total Liabilities and Owners' Equity
 Clear, Inc.
nce Sheet
ec. 31, 2017
2017 2016
46,000 50,000
309,286 360,000
772,714 704,571
1,128,000 1,114,571
434,667 435,000
146,000 59,571
288,667 375,429
1,416,667 1,490,000

158,000 131,000
201,000 264,500
121,000 117,000
480,000 512,500
370,000 167,500
850,000 680,000
367,667 408,000
199,000 402,000
566,667 810,000
1,416,667 1,490,000
 The Sophisticated Touch, Co.
Income Statement
For the Year Ended Dec. 31, 2017
2017 2016 2015 2014 2013
Sales 5,775,000 5,658,000 5,308,500 4,906,000 4,605,000
Cost of Goods Sols 4,875,000 4,793,000 4,393,500 4,056,000 3,702,000
Gross Profit 900,000 865,000 915,000 850,000 903,000
Selling Expenses 330,300 329,000 317,000 313,000 288,000
General and administrative Expenses 194,000 174,600 157,140 141,426 127,283
Fixed Expenses 100,000 100,000 100,000 100,000 100,000
Depreciation Expense 27,000 23,000 20,000 17,000 15,000
EBIT 248,700 238,400 320,860 278,574 372,717
Interest Expense 85,000 80,000 75,000 75,000 70,000
Earnings Before Taxes 163,700 158,400 245,860 203,574 302,717
Taxes 65,480 63,360 86,051 61,072 90,815
Net Income 98,220 95,040 159,809 142,502 211,902

Notes:
Tax Rate 40% 40% 35% 30% 30%
 The Sophisticated Touch, Co.
Balance Sheet
As of Dec. 31, 2017
Assets 2017 2016 2015 2014 2013
Cash and Equivalents 123,000 108,000 91,500 78,000 67,500
Accounts Receivable 350,000 330,000 320,000 300,000 270,000
Inventory 654,000 538,500 445,500 375,000 334,500
Total Current Assets 1,127,000 976,500 857,000 753,000 672,000
Land and buildings 770,250 672,000 589,500 485,250 430,500
Machinery and Equipment 593,125 462,000 379,750 290,625 224,250
Furniture and fixtures 154,050 134,400 117,900 97,050 86,100
Vehicles 123,240 107,520 94,320 77,640 68,880
Other Fixed Assets 107,835 94,080 82,530 67,935 60,270
Accumulated Depreciation 549,000 486,000 420,000 355,500 318,000
Net Fixed Assets 1,199,500 984,000 844,000 663,000 552,000
Total Assets 2,326,500 1,960,500 1,701,000 1,416,000 1,224,000
Liabilities and Owners' Equity
Accounts Payable 262,500 234,000 204,000 183,000 153,000
Short-term Notes Payable 110,000 100,000 70,000 80,000 90,000
Other Current Liabilities 210,000 180,000 159,000 133,500 115,500
Total Current Liabilities 582,500 514,000 433,000 396,500 358,500
Long-term Debt 715,000 551,000 510,500 352,000 301,500
Total Liabilities 1,297,500 1,065,000 943,500 748,500 660,000
Common Stock 460,000 414,000 346,000 309,000 254,000
Pain-in capital 343,000 298,500 252,500 222,500 188,000
Retained Earnings 226,000 183,000 159,000 136,000 122,000
Total Shareholder's Equity 1,029,000 895,500 757,500 667,500 564,000
Total Liabilities and Owners' Equity 2,326,500 1,960,500 1,701,000 1,416,000 1,224,000
 2012
54,000
250,000
276,000
580,000
380,250
190,625
76,050
60,840
53,235
258,000
503,000
1,083,000

135,000
70,000
96,000
301,000
285,500
586,500
222,000
165,500
109,000
496,500
1,083,000
 The Sophisticated Touch, Co.
Ratios 2017 2016 2015 2014 2013
Liquidity Ratios
Current Ratio 1.93x 1.90x 1.98x 1.90x 1.87x
Quick Ratio 0.36x 0.41x 0.44x 0.51x 0.51x
Efficiency Ratios
Inventory Turnover Ratio 7.45x 8.90x 9.86x 10.82x 11.07x
Accounts Receivable Turnover Ratio 16.50x 17.15x 16.59x 16.35x 17.06x
Average Collection Period 21.82 21.00 21.70 22.01 21.11
Fixed Asset Turnover 4.81x 5.75x 6.29x 7.40x 8.34x
Total Asset Turnover 2.48x 2.89x 3.12x 3.46x 3.76x
Leverage Ratios
Total Debt Ratio 55.77% 54.32% 55.47% 52.86% 53.92%
Long-Term Debt Ratio 30.73% 28.11% 30.01% 24.86% 24.63%
LTD to Total Capitalization 41.00% 38.09% 40.26% 34.53% 34.84%
Debt to Equity 1.26x 1.19x 1.25x 1.12x 1.17x
Long-Term Debt to Equity 69.48% 61.53% 67.39% 52.73% 53.46%
Coverage Ratios
Times Interest Earned 2.93x 2.98x 4.28x 3.71x 5.32x
Cash Coverage Ratio 3.24x 3.27x 4.54x 3.94x 5.54x
Profitability Ratios
Gross Profit Margin 15.58% 15.29% 17.24% 17.33% 19.61%
Operating Proft Margin 4.31% 4.21% 6.04% 5.68% 8.09%
Net Proft Margin 1.70% 1.68% 3.01% 2.90% 4.60%
Return on Total Assets 4.22% 4.85% 9.40% 10.06% 17.31%
Return on Equity 9.55% 10.61% 21.10% 21.35% 37.57%
Return on Common Equity 9.55% 10.61% 21.10% 21.35% 37.57%

Du Pont ROE 9.55% 10.61% 21.10% 21.35% 37.57%

Market Value of Equity 1,500,000 1,250,000 1,000,000 850,000 700,000
Z-Score for Public Firms 3.95 4.41 4.81 5.23 5.85
Z-Score for Private Firms 3.39 3.86 4.30 4.71 5.33

The Sophisticated Touch, Co.

Economic Profit Calculations
2017 2011 2010 2009 2008
Tax Rate 40% 40% 35% 30% 30%
NOPAT 149,220 143,040 208,559 195,002 260,902
Total Operating Capital 1,854,000 1,546,500 1,338,000 1,099,500 955,500
After-tax Cost of Capital 12% 12% 12% 12% 12%
Dollar Cost of Capital 222,480 185,580 160,560 131,940 114,660
Economic Profit (73,260) (42,540) 47,999 63,062 146,242
Industry 2017 Analysis

1.70x Good
0.50x Bad

8.00x Bad
10.00x Ok
35.00 days Ok
6.00x Bad
3.00x Bad

50.00% Bad
25.00% Bad
45.00% Ok
1.50x Ok
50.00% Bad

2.50x Ok
2.00x Ok

15.00% Good
4.50% Ok
2.00% Ok
7.00% Bad
15.00% Bad
9.00% Ok
 Liquidity Ratios
20.00x
2.50x
18.00x
16.00x
2.00x
14.00x
T 12.00x
T 1.50x i
i Current Ratio 10.00x
m 8.00x
m 1.00x Quick Ratio e
e 6.00x
s
s 4.00x
0.50x 2.00x
0.00x
0.00x
2017 201
2017 2016 2015 2014 2013
Years

Average Collection Period

22.20
22.00
21.80
21.60
D 21.40
a Average Collection
21.20 Period
y
s 21.00
20.80
20.60
20.40
2017 2016 2015 2014 2013
Years

Leverage Ratios - B
1.40x 6.00x
1.20x
5.00x
1.00x
T
Debt to Equity T 4.00x
i 0.80x
Long-Term Debt to i 3.00x
m 0.60x
Equity m
e
e 2.00x
s 0.40x
s
0.20x 1.00x
0.00x
0.00x
2017 2016 2015 2014 2013
2017 20
Years
 0.60x m
e Equity
0.40x e 2.00x
s
s
0.20x 1.00x
0.00x
0.00x
2017 2016 2015 2014 2013
2017 20
Years

Profitability Ratios
40.00% 7.00
P 35.00% 6.00
Gross Profit Margin
e 30.00%
r Operating Proft Margin P 5.00
c 25.00% Net Proft Margin o 4.00
e 20.00% Return on Total Assets i
n n 3.00
15.00% Return on Equity
t t 2.00
10.00% Return on Common
a s
g 5.00% Equity 1.00
e 0.00% 0.00
2017 2016 2015 2014 2013 2017 201
Years
 Efficiency Ratios
20.00x
18.00x
16.00x
14.00x Inventory Turnover Ratio
T 12.00x Accounts Receivable
i 10.00x Turnover Ratio
m 8.00x
e Fixed Asset Turnover
6.00x
s Total Asset Turnover
4.00x
2.00x
0.00x
2017 2016 2015 2014 2013
Years

Leverage Ratios - A
60.00%
P
50.00%
e
r 40.00% Total Debt Ratio
c
e 30.00% Long-Term Debt Ratio
n LTD to Total
t 20.00% Capitalization
a 10.00%
g
e 0.00%
2017 2016 2015 2014 2013
Years

Coverage Ratios
6.00x
5.00x

T 4.00x
i 3.00x Times Interest Earned
m Cash Coverage Ratio
e 2.00x
s
1.00x
0.00x
2017 2016 2015 2014 2013
Years
m Cash Coverage Ratio
e 2.00x
s
1.00x
0.00x
2017 2016 2015 2014 2013
Years

Altman’s model
7.00
6.00
P 5.00
o 4.00 Z-Score for Public Firms
i
n 3.00 Z-Score for Private Firms
t 2.00
s
1.00
0.00
2017 2016 2015 2014 2013
Years
 2017 2017
Cash 62,000 Cash 62,000
Accounts Receivable 348,000 Accounts Receivable 348,000
Inventory 728,000 Inventory 728,000
Plant & Equipment 629,000 Plant & Equipment 629,000
Accumulated Depreciation 149,000 Accumulated Depreciation 149,000
Accounts Payable 157,000 Accounts Payable 157,000
Notes Payable 263,000 Notes Payable 263,000
Other Current Liabilities 166,000 Other Current Liabilities 166,000
Long-term Debt 423,000 Long-term Debt 423,000
Common Stock 414,000 Common Stock 414,000
Retained Earnings 195,000 Retained Earnings 195,000
Current Ratio ? Current Ratio 1.94
 2017 2017
Cash 62,000 Cash 62,000
Accounts Receivable 348,000 Accounts Receivable 348,000
Inventory 728,000 Inventory 728,000
Plant & Equipment 629,000 Plant & Equipment 629,000
Accumulated Depreciation 149,000 Accumulated Depreciation 149,000
Accounts Payable 157,000 Accounts Payable 157,000
Notes Payable 263,000 Notes Payable 263,000
Other Current Liabilities 166,000 Other Current Liabilities 166,000
Long-term Debt 423,000 Long-term Debt 423,000
Common Stock 414,000 Common Stock 414,000
Retained Earnings 195,000 Retained Earnings 195,000
Quick Ratio ? Quick Ratio 0.70
 2017 2017
Cash 62,000 Cash 62,000
Accounts Receivable 348,000 Accounts Receivable 348,000
Inventory 728,000 Inventory 728,000
Plant & Equipment 629,000 Plant & Equipment 629,000
Accumulated Depreciation 149,000 Accumulated Depreciation 149,000
Accounts Payable 157,000 Accounts Payable 157,000
Notes Payable 263,000 Notes Payable 263,000
Other Current Liabilities 166,000 Other Current Liabilities 166,000
Long-term Debt 423,000 Long-term Debt 423,000
Common Stock 414,000 Common Stock 414,000
Retained Earnings 195,000 Retained Earnings 195,000
Long-Term Debt Ratio ? Long-Term Debt Ratio 0.26
 2017 2017
Cash 62,000 Cash 62,000
Accounts Receivable 348,000 Accounts Receivable 348,000
Inventory 728,000 Inventory 728,000
Plant & Equipment 629,000 Plant & Equipment 629,000
Accumulated Depreciation 149,000 Accumulated Depreciation 149,000
Accounts Payable 157,000 Accounts Payable 157,000
Notes Payable 263,000 Notes Payable 263,000
Other Current Liabilities 166,000 Other Current Liabilities 166,000
Long-term Debt 423,000 Long-term Debt 423,000
Common Stock 414,000 Common Stock 414,000
Retained Earnings 195,000 Retained Earnings 195,000
Debt to Equity Ratio ? Debt to Equity Ratio 1.66
 2017 2017
EBIT 159,750 EBIT 159,750
Net Income 47,826 Net Income 47,826
Tax Rate 35% Tax Rate 35%
Times Interest Earned ? Times Interest Earned 1.85
 2017 2017
Sales 4,500,000 Sales 4,500,000
Cost of Goods Sold 2,875,000 Cost of Goods Sold 2,875,000
EBIT 962,500 EBIT 962,500
Cash 48,250 Cash 48,250
Accounts Receivable 492,150 Accounts Receivable 492,150
Inventory 513,750 Inventory 513,750
Net Fixed Assets 1,148,360 Net Fixed Assets 1,148,360
Total Asset Turnover ? Total Asset Turnover 2.04
 2017
Sales 4,500,000 Sales
Cost of Goods Sold 2,875,000 Cost of Goods Sold
EBIT 962,500 EBIT
Cash 48,250 Cash
Accounts Receivable 492,150 Accounts Receivable
Inventory 513,750 Inventory
Net Fixed Assets 1,148,360 Net Fixed Assets
Accounts Receivable Turnover ? Accounts Receivable Turnover
 2017
4,500,000
2,875,000
962,500
48,250
492,150
513,750
1,148,360
9.14
 2017 2017
Sales 4,500,000 Sales 4,500,000
Cost of Goods Sold 2,875,000 Cost of Goods Sold 2,875,000
EBIT 962,500 EBIT 962,500
Cash 48,250 Cash 48,250
Accounts Receivable 492,150 Accounts Receivable 492,150
Inventory 513,750 Inventory 513,750
Net Fixed Assets 1,148,360 Net Fixed Assets 1,148,360
Inventory Turnover ? Inventory Turnover 5.60
 2017 2017
Cash 52,000 Cash 52,000
Marketable Securities 25,000 Marketable Securities 25,000
Accounts Receivable 425,000 Accounts Receivable 425,000
Inventory 515,145 Inventory 515,145
Accounts Payable 523,000 Accounts Payable 523,000
Accrued Expenses 35,000 Accrued Expenses 35,000
Net Fixed Assets 2,254,000 Net Fixed Assets 2,254,000
Total Operating Capital ? Total Operating Capital 2,688,145
Ratio 2017 2016 Ind Avg
Current Ratio 2.89 2.55 3.12

Current Ratio 2.89 2.55 3.12

Eval
=IF(AND(B2/C2>=1,B2/D2>=1),"Good",IF(OR(B2/D2>=1,B2/C2>=1),"Ok","Bad"))

Ok
 2017 2017
Total Assets 750,000 Total Assets 750,000
Fixed Assets 450,000 Fixed Assets 450,000
Long-term Debt 315,000 Long-term Debt 315,000
Total Liabilities 600,000 Total Liabilities 600,000
Inventory 118,000 Inventory 118,000
Current Ratio ? Current Ratio 1.05
 2017 2017
Total Assets 750,000 Total Assets 750,000
Fixed Assets 450,000 Fixed Assets 450,000
Long-term Debt 315,000 Long-term Debt 315,000
Total Liabilities 600,000 Total Liabilities 600,000
Inventory 118,000 Inventory 118,000
LTD to Equity Ratio ? LTD to Equity Ratio 2.10
 2017 2017
Total Assets 425,000 Total Assets 425,000
Total Equity 200,000 Total Equity 200,000
Total Debt Ratio ? Total Debt Ratio 52.94%