Question
2015 2016 Assets Cash $45.00 $50.00 A/R $254.00 $146.00 Inventory $329.00 $309.00 Total $628.00 $505.00 Net Fixed Assets $1,000.00 $1,200.00 Total Assets $1,628.00 $1,705.00 Liabilities
| 2015 | 2016 |
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Assets |
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Cash | $45.00 | $50.00 |
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A/R | $254.00 | $146.00 |
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Inventory | $329.00 | $309.00 |
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Total | $628.00 | $505.00 |
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Net Fixed Assets | $1,000.00 | $1,200.00 |
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Total Assets | $1,628.00 | $1,705.00 |
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Liabilities |
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Accounts Payable | $352.00 | $252.00 |
| When inputting an answer, round your answer to the nearest 4 decimal places.If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to 4 decimal places. | |||
Notes Payable | $150.00 | $125.00 |
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Total | $502.00 | $377.00 |
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Long-Term Debt | $500.00 | $750.00 |
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Common Stock | $400.00 | $400.00 |
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Retained Earnings | $226.00 | $178.00 |
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Total Liabilities | $1,628.00 | $1,705.00 |
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| Questions | Answers | Correct Answers |
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| What is the Inventory Turnover? |
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Sales |
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| What is the AR Turnover? |
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Sales |
| $3,262.00 |
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| What is the AP Turnover? |
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Cost of Goods Sold |
| $2,609.60 |
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| What is the Inventory Period? |
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Depreciation |
| $200.00 |
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| What is the AR Period? |
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EBIT |
| $452.40 |
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| How long is the Operating Cycle? |
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Interest |
| $40.00 |
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| How long is the Cash Cycle? |
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Taxes |
| $180.96 |
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| What is Net Working Capital for 2016? |
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Net Income |
| $231.44 |
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| SCORE - This Attempt |
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