LIQUIDITY 2017 2016 % Change

Current ratio 1.80:1 1.92:1 -6.25%

Accounts receivables 9.1 times 8.8 times 3.4%
turnover
Inventory turnover 3.3 times 4.2 times -21.4%

PROFITABILITY 2017 2016 % Change

Profit Margin $57,000.$898,000 = 6.3% $54,000/$789,000 = 6.8% -7.4%
Asset turnover 1.12 times 1.18 times -5.08%
Return on assets $57,000/$800,000*= 7.1% $54,000/$670,500** = 8.1% -12.3%
Earnings per share $2.7 $2.6 3.8%

** ($633,000 + $708,000)/2 = $ 670,600

*( $ 708,000 + $ 892,000 )/2 = $ 800,000