Current Ratio: Current Assets =

Current Liabilities

Quick Ratio: Cash + AR + MS =

Current Liabilities

Days Inventory Inventory X 365 =

COGS

Days Receivables AR X 365 =

Sales

Debt to Total Capital Current + LT Debt =

C + LT Debt + Equity

Debt to Equity Current + LT Debt =

Shareholder's Equity
 Gross Margin Sales - COGS =
Sales

Return on Assets Earnings B4 Int & Tax =

Total Assets

Return on Equity Net Income =

Total Equity

Total Asset Turnover Sales =

Total Assets
 2008 2009 2010
Cash 209,974 311,548 539,973
Account Receivables 3,689,622 3,684,015 2,945,781
Current Liabilties 4,292,203 4,481,974 5,077,616
Inventory 2,708,834 3,055,319 2,761,880
COGS 7,629,270 8,698,367 8,836,150
total debt 3,503,267 4,352,564 5,541,538
Sales 11,176,830 12,568,581 11,974,768
Shareholders equity 2,266,811 2,211,704 771,815
EBIT 577,418 259,301 2,468,184
Total Assets 7,530,533 8,102,013 7,337,770
current assets 6,653,323 7,100,369 6,292,321
Net Income 256,195 73,916 - 1,415,678

2007 2008 2009 2010

Prepaid expenses 36463 45073 49487 44687
Accounts payable 783169 707949 711107 876050
Corporate Income tax Payable 829357 939823 698896 133566
Deffered Corporate Income tax 65522 80858 99320 0
-104012

110466
 2008 2009 2010
Net Income 256,195 73,916 - 1,415,678
Amortization 81,387 89,903 90,744
$ 337,582 $ 163,819 $ (1,324,934)

Account Receivables - 443,060 5,607 738,234

Inventory - 683,811 - 346,485 293,439
Prepaid expenses - 8,610 - 4,414 4,800
Accounts payable 75,220 - 3,158 - 164,943
Corporate Income tax Payable 110,466 - 240,927 - 565,330
Deffered Corporate Income tax 110,466 - 240,927 - 565,330
- 839,329 - 830,304 - 259,130
- 501,747 - 666,485 - 1,584,064

decrease in Plant/equip - 177,982 - 154,747 - 97,171

decrease in other asasets -21791 -59590 -37378
- 199,773 - 214,337 - 134,549