Problem:
Adventure Technology Balance Sheet
December 31, 2005 ($thousands)
|
2001 |
2002 |
| Assets |
|
|
| Cash & Marketable Sec. |
$60 |
$49 |
| Accts. Receivable |
406 |
448 |
| Inventory |
600 |
640 |
| Total Current Assets |
$1,066 |
$1,137 |
|
|
|
| Fixed Assets |
|
|
| Gross Fixed Assets |
1,130 |
1,280 |
| Less:Acc. Depreciation |
307 |
384 |
| Net Fixed Assets |
823 |
896 |
| Total Assets |
$1,889 |
$2,033 |
|
|
|
| Liabilities & Owners' Equity |
|
|
| Accounts Payable |
$350 |
$384 |
| Notes Payable |
138 |
108 |
| Accruals |
30 |
30 |
| Total Current Liab. |
$518 |
$522 |
| Long-Term Debt |
838 |
813 |
| Total Liabilities |
$1,356 |
1,335 |
| Common Stock |
150 |
150 |
| Paid In Capital |
$200 |
200 |
| Acc. Retained Earning |
183 |
348 |
| Total Owners' Equity |
$533 |
698 |
| Total Liab. & Owners' Equity |
$1,889 |
$2,033 |
1) For 2002, what is the Quick Ratio.
2) What is Adventure Technology 's Inventory Turnover Ratio for 2002?
3) What is Adventure Technology's debt ratio for 2002?
4) What is Adventure Technology's Return on Equity for 2002?