Financial Ratio Analysis

Current Ratio = Current Assets

Current Liabilities

= 3,970,294

4,712,873

= .8424

Quick Ratio = Quick Assets

Total Current Liabilities

Current Assets – Inventory = 3,970,294 – 3,421,635 = 548,659 (QA) = .1164

4,712,873

Debt Equity Ratio = Total Liabilities

Stockholder Equity

= 4,712,873

1,701,390

= 2.77

Receivable Turnover Ratio = Net Value of Credit Sales

Average Accounts Receivable

= 10,187,340

247,872

= 41.099

Total Assets Turnover Ratio = Net Sales

Total Assets

= 10,187,340

3,970,294

= 2.565

Profit Margin = (Net Income / Total Sales) x 100 = (1,160,241 / 10,187,340) x 100 = 11.389

Return on Assets = Annual Earnings( Net Income)

Total Assets

= 1,160,241

3,970,294

= .292

Inventory Turnover Ratio = Cost of Goods Sold

Average Inventory