Use the income statement and balance sheet that you wrote on Tuesday to compute the following ratios for Fabrics and More, Inc. for 2014.
|
Accounts Receivable
|
100,000
|
Accounts Payable
|
61,000
|
|
Capital Surplus
|
145,000
|
Cash
|
90,000
|
|
Common Stock
|
300,000
|
Costs
|
400,000
|
|
Depreciation Expense
|
22,000
|
Net Furniture & Fixture
|
200,000
|
|
Goodwill
|
80,000
|
Interest Expense
|
18,000
|
|
Inventory
|
175,000
|
Land
|
405,000
|
|
Line of credit (used)
|
150,000
|
Long Term Loan
|
340,000
|
|
Retained Earnings
|
?
|
Sales
|
600,000
|
|
Dividends
|
50,000
|
Tax Rate
|
35%
|
|
Shares Outstanding
|
20,000
|
|
|
- Quick Ratio
- Earnings Per Share
- Times Interest Earned
- Retention Ratio
- Days Sales in Payables
- Profit Margin