next parts please Question 6 (15 points) Cash Accts Receivable Inventory Current Assets...

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Question 6 (15 points) Cash Accts Receivable Inventory Current Assets Net Fixed Assets Total Liabilities & Total Assets Dawson Creek Transit Balance Sheet Liabilities $ 15,000 Accounts Payable 22,000 Notes Payable 30.000 Acered Expenses 67,000 Current Liabilities 73.000 Long-term Debt Shareholders' Equity $140.000 Shareholders' Equity $ 21,000 20,000 5.000 46,000 30,000 64.000 $140.000 Sales (80% credit Le Cost of Goods Sold Gross Profit Selling and Administrative Expense Rest Expense (L) EBIT Interest Expense Earnings before taxes Taxes (259) Net Income Income Statement $120,000 45.000 75,000 20,000 8.000 28.000 47.000 5.000 42,000 10.500 $31.500 Common shares tanding EPS 15.000 $ 2.10 Ratio Ratios for Tedustry Dawson Creek Average Net Income $31,500 Common shares outstanding EPS 15,000 $2.10 Ratio Profit margin Ratios for Industry Dawson Creek Average 17.5% 35% 4.4% 68.0 days Return co equity Receivables tumover Arg. collection period Inventory humor Fixed stursover Total asset turnover Current ratio Quick ratio .76 1.28 85 Times interested 12.0x 1. Given the balance sheet and income statement for Dawson Creek Transit, compute the ratios above. (10 Mark) 2. List the Ration for Duws Creek Transit and compare with the industry average. What do each of these ratio tell us about Dunson Creek Transit. Indicate whether a particular ratio for Dawson Creek Tranaitis better or worse than the industry svetage

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