MBA 5010 Week 8 Assignment (Rev 2)The weekly assignments are intended to be completed individually. It is important in an online program that you pay careful attention to when it is and is not appropriate to work with peers. Misunderstandings can have significant consequences. By submitting this assignment, you are attesting that you completed this work without assistance from another current or former student of this class. Exceptions can be made for tutors, but only with prior consent from your instructor.Your answer will be evaluated based on correctness, completeness, and clarity. Be attentive to your writing. You have until midnight CST Sunday to submit both parts of this assignment. Part A (25 points)Based on the balance sheet and income statement for Tonka Trucking LLC, calculate the following ratios:Question 1 – Total Asset TurnoverRespond hereQuestion 2 – Gross Profit MarginRespond hereQuestion 3 – Debt to Asset RatioRespond hereQuestion 4 – Net Profit MarginRespond hereQuestion 5 – Calculate and then explain Tonka’s unusually high Return on Equity.Respond hereTonka Trucking LLC – Balance SheetAssetsCurrent AssetsCash$50,000Accounts Receivable$40,000Inventory$10,000Total Current Assets$100,000Fixed AssetsGross Equipment $500,000Accumulated Depreciation ($200,000)Net Equipment$300,000Total Fixed Assets$300,000Total Assets$400,000Liabilities and Owners EquityCurrent LiabilitiesAccounts Payable$50,000Total Current Liabilities$50,000Long-term LiabilitiesLong-term Debt$50,000Total Long-term Liabilities$50,000Total
Liabilities$100,000Owner’s EquityCommon Stock (1,000 shares)$100,000Retained Earnings$200,000Total Owner’s Equity$300,000Total Liabilities and Owner’s Equity$400,000Tonka Trucking LLC Income StatementRevenue$400,000Cost of Goods Sold($50,000)Gross Profit$350,000Selling, General, and Administrative Expenses($100,000)Depreciation Expense($50,000)Earnings Before Interest and Taxes (EBIT)$200,000Interest Expense($50,000)Income Tax Expense($40,000)Net Income$110,000Part B (25 points)You are to complete a FINAL response to the following questions. The class will be divided into groups so you and your peers may collaborate on Part B of this assignment. This final response will be evaluated on content as well as completeness and clarity.This week we will return one last time to the sharing economy. Your assignment is to develop the concept for a new business for this market space. For example, you may decide that there ought to be a business coordinating the sharing of lawn mowers. (You don’t have to pull a Fred Smith on this assignment.) There are two main deliverables. First, you’re to work out the value proposition including target market, problem addressed, your solution, and the points of difference between your solution and what’s currently available. Limit this part to 500 words, if possible. Second, you’re to specify how your business might attempt to capture some portion of the value generated and answer whether that value would be sufficient to build a viable business. Limit this part to roughly 250 words.Respond here