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This Question: 1 pt 27 of 32 (0 complete) This Test: 32 The Amos Corporation reported the following income statement and balance sheet amounts and additional information for the end of the current year. End of current year End of prior year Net sales revenue (all credit) $1,320,000 Cost of goods sold $825,000 Gross profit $495.000 Selling/general expenses $280,000 Interest expense $42,000 Net Income $173,000 Current assets $114,000 $82,000 Long-term assets $511,000 $440,000 Total assets $625.000 $522,000 O A 17.42 days OB 1.81 days OC. 0.92 days D. 20.95 days This Question: 1 pt Ilme Remaining: 27 of 32 (0 complete) This Total assets $625,000 Current liabilities $58,000 Long-term liabilities $274,000 Common stockholders' equity $293,000 Total liabilities and stockholders' equity $625,000 Inventory and prepaid expenses account for $30,000 of the current year's current assets. Average inventory for the current year is $36,250. Average net accounts receivable for the current year is $63,000 There are 35,000 shares of common stock outstanding. Total dividends paid during the current year were $17,000 The market price per share of common stock is $20 What is the days' sales in receivables for the current year? $522,000 $52,000 $245,000 $225,000 $522,000 O A 17.42 days OB. 1.81 days OC. 0.92 days OD. 20.95 days This Question: 1 pt 28 of 32 (0 complete) This Test: The Amos Corporation reported the following income statement and balance sheet amounts and additional information for the end of the current year. End of current year End of prior year Net sales revenue (all credit) $1,420,000 Cost of goods sold $925,000 Gross profit $495,000 Selling/general expenses $280,000 Interest expense $42.000 Not Income $173,000 Current assets Long-term assets Total assets Current liabilities $115,000 $510,000 $625,000 $59,000 $82,000 $440,000 $522.000 $52,000 OA. 0,53 B. 1.9 OC. 0.51 OD 1.95 This Question: 1 pt 28 of 32 (0 complete) TY EG Total assets $625,000 $522,000 Current liabilities $59,000 $52,000 Long-term liabilities $273,000 $245,000 Common stockholders' equity $293,000 $225,000 Total liabilities and stockholders' equity $625,000 $522,000 Inventory and prepaid expenses account for $30,000 of the current year's current assets, Average inventory for the current year is $36,250. Average net accounts receivable for the current year is $45,000 There are 35,000 shares of common stock outstanding Total dividends paid during the current year were $17,000 The market price per share of common stock is $20. What is the debt ratio for the current year? O A. 0.53 B. 1.9 C. 0.51 D. 1.95