Corporate Financial Analysis

1. Ratio Calculations.

        Current ratio                    = $51,123,050 / $50,584,750                                    = 1.01 times

        Quick ratio                       = ($51,123,050 $20,149,650) / $50,584,750 = 0.61 times

        Total asset turnover         = $611,582,000 / $401,558,750                                  = 1.52 times

        Inventory turnover          = $431,006,000 / $20,149,650                                    =21.39 times

        Receivables turnover       = $611,582,000 / $18,681,500                                   = 32.74 times

        Debt ratio                        = ($401,558,750 181,714,000) / $401,558,750       = 0.55 times

        Debt-equity ratio                         = $169,260,000 / $181,714,000                                      = 0.93 times

        Equity multiplier             = $401,558,750 / $181,714,000                                      = 2.21 times

        Interest coverage  ...