2015| 2016\\ Assets Cash $45. 00 $50. 00 AIR $ 319. 00 $386. 00| Get step - by - step answers from expert tutors . inventory $304. 00 $128. 00 Total $668.00 $564.00 Net Fixed Assets $ 1 , 000 . 001 $ 1 , 200. 00 Total Assets $ 1 , 668. 00 $1 , 764.00* INSTRUCTIONS Liabilities Accounts Payable $241. 00 $350. 00| Votes Payable $ 150. 00 $ 125. 00 When inputting an answer , round your answer to the nearest 4 decimal places . If you need to use a calculated number Total $391.00 $475 . 00 for further calculations , DO NOT round until after all calculations have been completed . For the final answer , Round to Long - Term Debt $500. 00 $750. 001 4 decimal places . Common Stock $400 . 00 $400 . 00| Retained Earnings $377 . 00 $ 139.00 Q 1 ) 2 points Each ( 18 Points Total ) $ 1 , 668. 00 $1 , 764.00 Enter Answers Correct Answers What is the Current Ratio for 2016 ? Sales What is the quick ratio for 2016 ? Sales $2 , 770.00 What is the Times Interest Earned for 2016 ?) Cost of Goods Sold $2 , 216. 00 What is the Debt to Equity ratio for 2016 ?' Depreciation $200. 00 What is the Profit Margin for 2016 ?' EBIT $354. 00| What is the Total Asset Turnover for 2016 ?' Interest $40.00 What is the Equity Multiplier for 2016 ?' Taxes $141 .60| What is the Return on Equity for 2016 ? Net Income $ 172.40| What is the Return on Assets ( ROA ) for 2016 ? Q 2 ) 2 points Each ( 16 Points Total ) Enter Answers Correct Answers What is the Inventory Turnover ?" GRADE What is the AR Turnover ?" What is the AP Turnover ?" What is the Inventory Period ?" What is the AR Period ?" What is the Operating Cycle ?* What is the Cash Cycle ?* What is Net Working Capital for 2016