11 - 16. Calculate the following ratios using the given financial data from your company. Note: Current Assets - (Cash + Cash Equivalents + Accounts Receivable + Inventory) Credit Sales $1,700,000 Total Ending Liabilities $1,425,000 Ending Common Stock Equity = $390,000 Beginning Inventory $800,000 Total Ending Current Liabilities $767,000 Cost of Goods Sold $980,000 Total Ending Cash S350,000 11 - 16. Continued I Ending Inventory $950,000 Total Ending Assets $2,100,000 Cash Sales $350,000 Preferred Dividends $30,000 Net Current Ending Accounts Receivable $520,000 Net Current Beginning Accounts Receivable $150,000 Interest Expense $145,000 Net Income $780,000 Beginning Common Stock Shares 1,500,000 Tux Expense $133,000 Short Term Investments in Stock (In the Cash Equivalents category) S150,000 Sales Returns and Allowances/Sales Discounts S150,000 Ending Common Stock Shares. 2,200,000 Total Ending Retained Earnings $75,000 11. Accounts Receivable Turnover Ratio Days' Sales in Receivables 12. Current Ratio Acid Test (Qulok) Ratio 13. Inventory Tumover Ratio Days' Soles in Inventory Ratio 14. Gross Margin a.k.a. Debt Ratio Gross Profit Percentage Ratio 15. Debt to Equity Ratio Cash Ratio 16. Return on Equity Earnings Per Share 11 - 16. Hints 365 / Accts Rec Turnover Cash + Cash Equivalents / CL CA/CL COGS / Avg INV Net Credit Sales / Avg Net Accts Ree 3657 INV Turnover Cash - S.T. Investments + Net Current AcctsRec GP/Net Sales TL/TE NI - Pref Div. / TE TL / TA NI - Pref Div. / Average CS Shares