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1. 2019 inventory turnover ratio? 2. total asset turnover is? 3. the net profit margin? 4. the return equity? 5. the return on assets ?

1. 2019 inventory turnover ratio? image text in transcribed
2. total asset turnover is?
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3. the net profit margin?
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4. the return equity?
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5. the return on assets ?
image text in transcribed
Current Assets Cash and short-term investments Accounts Receivable (net) Inventories Prepaid Expenses and other current assets Total Current Assets As of Dec. 31, 2019 Dec. 31, 2018 $1,267,038 $ 616,604 490,816 665,828 338,599 487,505 292,511 291.915 $2,388,964 $2,061,852 Current Liabilities Short-term borrowings Current portion of long-term debt Accounts payable Accrued liabilities Income taxes payable Total Current Liabilities $ 25,190 182,295 296,307 941,912 203,019 1,648,753 $ 38,108 210,090 334,247 743,999 239,793 1,566,237 Selected Income Statement Data - for the year ending December 31, 2019: Net Sales Cost of Goods Sold Operating Income Net Income $4,885,340 2,542,353 733,541 230,101 Selected Statement of Cash Flow Data - for the year ending December 31, 2019: Cash Flows Hom Operations $1,156,084 company has an effective tax rate of 25%. Balance Sheet 2019 2018 Assets: Cash Accounts Receivable (net) Inventory Long-lived assets Less: Accumulated depreciation Total assets $10,000 6,000 8,000 12,000 (4,000) $32,000 $ 6,000 1,500 10,000 11,000 (2.000) $26,500 Liabilities and Stockholders' Equity: Accounts payable Deferred revenues Long-term note payable Less: Discoust on note payable Common stock Retained earnings Total liabilities and stockholders' equity $ 5,000 1,000 10,000 (800) 12,000 4.800 $32.000 $ 6,000 2,000 10,000 (1,000) 6,000 3,500 $26,500 Income Statement For the year ended December 31, 2019 Revenues Cost of goods sold Depreciation expense Interest expense Bad debt expense Other expense (including income taxes) Net income $44,000 (24,000) (2,000) (3,000) (2,000) (9,000) $ 4,000 company has an effective tax rate of 25%. Balance Sheet 2019 2018 Assets: Cash Accounts Receivable (net) Inventory Long-lived assets Less: Accumulated depreciation Total assets $10,000 6,000 8,000 12,000 (4,000) $32.000 $ 6,000 1,500 10,000 11,000 (2.000) $26,500 Liabilities and Stockholders' Equity: Accounts payable Deferred revenues Long-term note payable Less: Discount on note payable Common stock Retained earnings Total liabilities and stockholders' equity $ 5,000 1,000 10,000 (800) 12,000 4,800 $32.000 $ 6,000 2,000 10,000 (1,000) 6,000 3,500 $26,500 Income Statement For the year ended December 31, 2019 Revenues Cost of goods sold Depreciation expense Interest expense Bad debt expense Other expense (including income taxes) Net income $42,000 (24,000) (2,000) (3,000) (2,000) (7,000) $ 4.000 company has an effective tax rate of 25%. Balance Sheet 2019 2018 Assets: Cash Accounts Receivable (net) Inventory Long-lived assets Less: Accumulated depreciation Total assets $10,000 6,000 8,000 12,000 (4,000) $32,000 $ 6,000 1,500 10,000 11,000 (2.000) $26,500 Liabilities and Stockholders' Equity: Accounts payable Deferred revenues Long-term note payable Less: Discount on note payable Common stock Retained earnings Total liabilities and stockholders' equity $ 5,000 1,000 10,000 (800) 12,000 4,800 $32,000 $ 6,000 2,000 10,000 (1,000) 6,000 3,500 $26,500 Income Statement For the year ended December 31, 2019 Revenues Cost of goods sold Depreciation expense Interest expense Bad debt expense Other expense (including income taxes) Net income $42,000 (24,000) (2,000) (3,000) (2,000) (3,500 $ 7,500 company has an effective tax rate of 25%. Balance Sheet 2019 2018 Assets: Cash Accounts Receivable (net) Inventory Long-lived assets Less: Accumulated depreciation Total assets $10,000 6,000 8,000 12,000 (4,000) $32,000 $ 6,000 1,500 10,000 11,000 (2,000) $26,500 Liabilities and Stockholders' Equity: Accounts payable Deferred revenues Long-term note payable Less: Discount on note payable Common stock Retained earnings Total liabilities and stockholders' equity $ 5,000 1,000 10,000 (800) 12,000 4,800 $32.000 $ 6,000 2,000 10,000 (1,000) 6,000 3,500 $26.500 Income Statement For the year ended December 31, 2019 Revenues Cost of goods sold Depreciation expense Interest expense Bad debt expense Other expense (including income taxes) Net income $42,000 (24,000) (2,000) (3,000) (2,000) (4,000) $ 7.000

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