1.

Assets	2012	2013
Cash	45	50
A/R	352	254
Inventory	219	321
Total	616	625
Net Fixed Assets	1000	1200
Total Assets	1616	1825

Liabilities	2012	2013
Accounts Payable	188	169
Notes Payable	150	125
Total	338	294
Long-Term Debt	500	750
Common Stock	400	400
Retained Earnings	378	381
	1616	1825

	2013
Sales	2982
Cost of Goods Sold	2386
Depreciation	200
EBIT	396
Interest	80
Taxes	60
Net Income	256

Answer the following questions using the above financial statements.

Round your answer to the nearest 2 decimal places. DO NOT round until after all calculations have been completed and you have reached your final answer. If your answer ends in a zero, only include 1 decimal place and omit the zero. If the answer ends in two zeros after rounding, do not use any decimal places as ANGEL does not recognize the ".00" endings and will remove points from your score.

Inventory Turnover? AR Turnover? AP Turnover? Inventory Period? AR Period? Operating Cycle? Cash Cycle? What is Net Working Capital for 2013?