Erica owns a flower shop she sells flower arrangements for


Question: Erica owns a flower shop. She sells flower arrangements for $28. Her fixed expenses accounts to $3,200 and her variable cost is $12 per each arrangement. Can you help her to compute how many arrangment she must sell before she starts making a profit?


Using the Financial Statements



Complete the Ratios below:

2014 2015
Current Ratio

Quick Ratio

Inventory Turnover

Avg Collection Period

Debt Ratio

Times Interest Earned XXXXXXXXX
Gross Profit Margin

Net Profit Margin

Earnings Per Share

Return on Assets

Return on Equity

P/E Ratio

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Finance Basics: Erica owns a flower shop she sells flower arrangements for
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