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18.Based on the Balance Sheet and Sales Information below, calculate the following KPls Current Ratio, Quick Ratio, Days Sales Outstanding Ratio, Days Payable Outstanding Ratio
18.Based on the Balance Sheet and Sales Information below, calculate the following KPls Current Ratio, Quick Ratio, Days Sales Outstanding Ratio, Days Payable Outstanding Ratio and Debt-to-Equity Ratio. (10 points) Monthly Sales $150,000 COGS-30% Balance Sheet (Summary) (000s) ASSETS Current Assets Cash Accounts Receivable Prepaid Expenses Inventory LIABILITIES Current Liabilites Notes Payable $500 500 250 1,250 $ 500 Accounts Payable 500 250Other Current Liabilities 500 1,750 Fixed Assets Buildings Equipment Furniture Non-Current Liabilities Long-Term Debt 1,000 750 500 2,250 1,250 TOTAL LIABILITIES 2,500 Investments 1,000EQUITY (NET WORTH) 2,000 1,000 3,000 $ 5,500 Invested Capital Retained Earnings Intangibles 500 TOTAL ASSETS $ 5,500
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