Requirements:Prepare a Summary of Ratio Analysis Tiwala Lhungz CompanyTiwala Lhung CompanyBalance SheetIncome StatementAs of December 31, 2016Forthe yearended December 31, 20162016201520162015AssetsNet SalesP8,000,000.00 P6,500,000.005,000,000.003,000,000.00Current Assets:Less: Cost of Goods Sold4,000,000.002,500,000.00CashP2,800,000.002,500,000Gross MarginLess: Operating ExpensesMarketable Securities800,000.00700,000.001,300,000.00900,000.00490, 000.001,000,000.001,500,000.00Accounts Receivable (net)900,000.00Operating IncomeLess:Interest Expense1,700,000.0050,000.001,650, 000.00Inventories260,000.0050,000.001,450,000.00580,000.00Other Current Assets93,000.005,083,000.0074,000.00Interest before taxesTotal Current Assets4,434,000.00Less: Income Tax660,000.00Non-Current Assets:NetIncome990,000.00870,000.00Land1,500,000.001,500,000.00Analyze using:A. Horizontal AnalysisBuilding (net)1,340,000.002,840,000.007,923,000.001,150,000.002,650,000.007,084,000.00Total Non-Current AssetsTotal AssetsB. Vertical AnalysisC. Ratio AnalysisLiabilities and Stockholder's Equity1. Return on SalesCurrent Liabilities:2. Return on Assets3. Average Total Assets4. Average Common Stockholder's Equity5. Return on Stockholder's EquityAccounts Payable290, 000.00101,500.00Notes Payable1, 100,000.00540,000.00Accrued payables200,000.0057,000.00Total Current Liabilities1,590,000.00698,500.006. Earnings per share7. Price-Earnings Ratio8. Current Ratio9. Quick RatioNon-Current Liabilities:Bonds Payable, 10%50,000.0050,000.00Total Liabilities1,640,000.00748,500.00Stockholder's Equity:10. Accounts Receivable Turn-over RatioCommon Stock, P1.50 par3,000,000.003,000,000.0011. Average Accounts ReceivableAdditional Paid-in Capital2,000,000.002,000,000.0012. Average Age of ReceivableRetained Earnings1,283,000.001,335,500.0013. Inventory Turn-ove RatioTotal Stockholder's Equity6,283,000.007,923,000.006,335,500.0014. Average InventoryTotal Liabilities and Stockholder's Equity7,084,000.0015. Average age of inventories16. Times interest Earned Ratio17. Debt Ratio18. Debt-to-equity Ratio

Ratio Analysis: Company's liquidity, operational efficiency, and profitability of the company is…

Tiwala Lhungz Company Tiwala Lhung Company Balance Sheet Income Statement As of December 31, 2016 Forthe yearended December 31, 2016 2016 2015 2016 2015 Assets Net Sales P8,000,000.00 P6,500,000.0 5,000,000.00 3,000, 000. 00 1,300,000. 00 1,700, 000.00 50,000.00 1,650,000.00 660,000.00 Current Assets: Less: Cost of Goods Sold 4,000,000.0 2,500,000.0 Cash P2,800,000.00 2,500,000 Gross Margin Less: Operating Expenses Marketable Securities 800,000.00 700,000.00 1,000,000.0 1,500,000.0 Accounts Receivable (net) 900,000.00 490,000.00 93,000.00 5,083,000.00 900,000.00 260,000.00 74,000.00 4,434,000.00 Operati ng Income Less:Interest Expense Inventories 50,000.0 1,450,000.0 580,000.0 Other Current Assets Interest before taxes Total Current Assets Less: Income Tax Non-Current Assets: NetIncome 990,000.00 870,000.0 1, 500, 000.00 1,340,000.00 1, 500,000.00 1,150,000.00 2,650,000.00 7,084,000.00 Land Analyze using: A. Horizontal Analysis B. Vertical Analysis Building (net) Total Non-Current Assets 2,840,000.00 7,923,000.00 Total Assets C. Ratio Analysis 1. Return on Sales Liabilities and Stockholder's Equity Current Liabilities: 2. Return on Assets Accounts Payable Notes Payable Accrued payables 3. Average Total Assets 4. Average Common Stockholder's Equity 5. Return on Stockholder's Equity 6. Earnings per share 7. Price-Earnings Ratio 290,000.00 1, 100,000.00 101,500.00 540,000.00 200,000.00 57,000.00 698,500.00 Total Current Liabilities 1,590,000.00 Non-Current Liabilities: Bonds Payable, 10% 50,000. 00 50,000.00 1,640, 000.00 8. Current Ratio 9. Quick Ratio Total Liabilities 748,500.00 Stockholder's Equity: Common Stock, P1.50 par 10. Accounts Receivable Turn-over Ratio 3,000, 000.00 3,000,000.00 2,000,000.00 11. Average Accounts Receivable 12. Average Age of Receivable Additional Paid-in Capital Retained Earnings Total Stockholder's Equity Total Liabilities and Stockholder's Equity 2,000,000.00 1,283,000.00 1,335,500.00 13. Inventory Turn-ove Ratio 14. Average Inventory 15. Average age of inventories 6,283,000.00 6,335,500.00 7,084,000.00 7,923,000.00 16. Times interest Earned Ratio 17. Debt Ratio 18 Deht-to-equity Ratio