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1. Calculate the following for 2019: Debt-equity ratio, Cash cycle, Asset turnover. Indicate a negative number by using parentheses, such as (5100). You must get

1. Calculate the following for 2019:
Debt-equity ratio, Cash cycle, Asset turnover.
image text in transcribed
image text in transcribed
Indicate a negative number by using parentheses, such as (5100). You must get the sign correct. $100 is different than (S100)! Round numbers to 2 decimal places, such as 1.88, not 2. Same with percentages, 5.25%, not 5%. Use the following financial statements for Questions 1 - 9 INCOME STATEMENT 2019 Sales 2.510.000 Cost of Goods Sold 2015.000 Gross Margin 495.000 Depreciation 101.000 Other Selling. Gen. & Admin 72.000 Earnings before interest and taxes 322.000 Interest expense 41.000 Income before taxes 281.000 Taxes 112.000 Net income 169.000 Dividends 67.600 2019 55.000 128.000 BALANCE SHEET Cash Accounts Receivable Inventories Prepaid Expenses Current Assets 196.000 56.000 435.000 Fixed Assets 1.326.000 Total Assets 176.000 Accounts Payable 178,000 141.000 Accrued Liabilities Current Liabilities 319,000 Long-Term Debt 759.000 Common Stock 190,000 493.000 Retained Earnings Stockholders' Equity Total Liabilities and Equity 683.000 1.761000

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