As you can tell from the financial statements, 2014 was an especially busy year.

Question

As you can tell from the financial statements, 2014 was an especially busy year. Tony and Suzie were able to use the $1.37 million received from the issuance of 98,000 shares of stock and hire a construction company for $1 million to build the cabins, dining facilities, ropes course, and the outdoor swimming pool. They even put in a baby pool to celebrate the birth of their firstborn son, little Venture Matheson.

Calculate the following risk ratios for 2014.(Use 365 days in a year. Do not round intermediate calculations. Round your answers to 1 decimal place. Omit the "%" sign in your response.)

Explanation / Answer

Most likely you can figure it out from income statement. For manufacturing companies, the income statement is usually like this: Net Sales XXX - Cost of Goods Sold XXX = Gross Profit XXX - Expenses XXX - Tax XXX = Net Income XXX

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