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A corporation reports the following year-end balance sheet data. The company's debt ratio equals: Cash Accounts receivable Inventory Equipment Total assets $ 42,000 Current liabilities 57,000 Long-term liabilities 62,eee Common stock 147,00 Retained earnings $308,000 Total liabilities and equity $ 77, eee 28,000 182,800 101, eee $308,000 Multiple Choice 052 1 29 0 34 (0) 0.52 O 129 O 0.34 2.09 O 0.66 Refer to the following selected financial information from Texas Electronics Compute the company's accounts receivable turnover for Year 2 Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 Year 1 $ 39,400 $ 34,150 109,000 69,500 95,000 89, eee 130,500 134,5ee 14, eee 11,600 397,500 347,500 103,900 117,300 720,500 685,500 399,5ee 384,500 Multiple Choice 8.10 Multiple Choice O 8.10. O 6.61. 5.52 O O 7.58 O 7.83 Refer to the following selected financial information from Texas Electronics Compute the company's inventory turnover for Year 2 Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 Year 1 $ 39,200 $ 33,950 107,000 68,500 94,000 88,000 129,500 133,500 13,800 11,400 396,500 346,500 104,900 116,300 719,500 684,500 398,500 383,500 Multiple Choice 3,60 O O 3.60 3.08. O 2.99. O 5.56 O 3.03. Refer to the following selected financial information from Texas Electronics Compute the company's days' sales uncollected for Year 2. (Use 365 days a year.) Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 Year 1 $ 38,500 $ 33,250 100,000 65, eee 90,500 84,500 126,eee 130,000 13,100 10,7ee 393,eee 343,000 108,400 112,800 716, 080 681, eee 395, eee 38e, eee Multiple Choice 11546 O 116.4. 51.0. O O 46.1 44.5. O O 83.6. Refer to the following selected financial information from Texas Electronics Compute the company's days' sales in inventory for Year 2 (Use 365 days a year.) Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 Year 1 $ 38,eee $ 32,750 95, eee 62,5ee 88, eee 82.ee 123,500 127, see 12,600 10, zee 398,500 340,500 119,900 110,300 713,5ee 678,500 392, see 377,500 Multiple Choice 4G 48.6. 81.8. 114.8 7 O 45.0 O 43.4