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1. Analyze, interpret, and draw conclusions based on the company's:

1. Liquidity

• Current Ratio
• Quick Ratio
• Working capital
• Cash Ratio

2. Leverage

• Degree of Operating Leverage
• Financial Leverage Ratio
• Total Debt to Total Capital Ratio
• Debt to Equity Ratio
• Long Term Debt to Equity Ratio
• Debt to Asset Ratio
• Times Interest Earned

3. Operating Activity

• Accounts Receivable Turnover
• Days Sales in Receivable
• Inventory Turnover
• Days in Inventory

4. Profitability

• Earnings per share
• Return on Asset
• Return on equity
• Operating Profit Margin
• Net Profit Margin

2019 2018 AYBECI COMPANY Comparative Statement of Financial Position December 31 (in Thousand Dollars) 2020 ASSETS Current Assets Cash and Cash Equivalents 91.100 Short term Investments 193.230 Trade Receivables, net of $30.000 allowance 485.000 Note Receivable - related party 12.325 Other Receivables Inventory 212,515 Prepaid Insurance 7.500 Total Current Assets 1.001.670 Non-Current Asset Property. Plant and Equipment 209,330 Less Accumulated Depreciation 87.260 Total non-current Asset 122.070 TOTAL ASSET 1.123.740 11.254 12.000 510.435 21.543 12.628 12.000 529.949 18.941 80.532 252,567 7.500 914.117 252,567 7.500 815,299 209.330 75.332 133.998 1,048,115 209,330 64.034 145 296 960,595 LIABILITIES AND SHAREHOLDERS EQUITY Current Liabilities Accounts Payable Accrued Expense Notes Payable Line of Credit Current Portion of Long Term Debt Total Current Liabilities Non-Current Liabilities Long Term Debt Total Liabilities 148.000 2.025 22.325 123.000 36.000 331,350 154.021 2.500 21.300 145.000 36 000 358,821 135 000 2.500 21.750 167.000 36.000 362,250 114.686 446.036 117.343 476.164 117.345 479,595 Shareholders' Equity Ordinary Share. $1 par value Premium on Ordinary Shares Retained Earnings Total Shareholders' Equity 100.000 50.000 527.704 677.704 100.000 50.000 421.951 571.951 100.000 50.000 331.000 481.000 AYBECI CORPORATION Comparative Income Statement For the year ended December 31 (in Thousand Dollars) 2020 Net Sales 2.013.225 Less: Cost of Sales 1. 201.000 Gross Income 812.225 Less: Other Operating Expense 562.705 Operating Income 249.520 Less: Other Expense Interest 16.383 Other Expense 4,884 Net Income before Taxes 228.253 Less: Income Tax 22.500 NET INCOME AFTER TAXES 205.753 2019 1.986.456 1.187.652 798.804 556.732 242.072 16,453 2,600 223.019 22.300 200.719

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