Creating a balance sheet and income statement to calculate the ratios! Custom Essay

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create a balance sheet, income statement,and then calculate the following:

1. The break even point in dollars.
2. Current Ratio
3. Acid Test Ratio
4. Debt to Net Worth Ratio
5. Current assets
6. Total liabilities
7. Owner’s equity
8. Net profit
9. Long term liabilities
10. Gross profit

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