2019 Balance Sheet Assets Current Assets Cash and Cash Equivalents Short-Term Investments Net Receivables Inventory Other Current Assets Total Current Assets 1,500,000 100,000 1,500,000 1,555,000 800,000 5,455,000 Long-Term Investments Property Plant and Equipment Goodwill Intangible Assets Accumulated Amortization Other Assets Deferred Long-Term Asset Charge Total Assets 205,000 2,750,000 2,300,000 900,000 50,000 640,000 12,300,000 Liabilities Current Liabilities Accounts Payable Current Portion Long-Term Debt Other Current Liabilities Total Current Liabilities 2,300,000 560,000 2,860,000 Long-Term Debt Other Liabilities Deferred Long-Term Liability Charges Minority Interest Negative Goodwil Total Liabilities 2,300,000 850,000 400,000 90,000 6,500,000 Stockholders' Equity Misc Stock Options Warrants Redeemable Preferred Stock Preferred Stock Common Stock Retained Earnings Capital Surplus Other Stockholder Equity Total Stockholder Equity 780,000 4,976,000 44,000 5,800,000 Income Statement Total Revenue Cost of Goods Sold Gross Profit 2019 22,650,000 15,550,000 7,100,000 Operating Expenses Research & Development Sellling General and Administrative Operating Income or Loss 2,450,000 4,650,000 25,000 Other Income Depreciation Earnings Before Interest and Taxes 4,625,000 Interest Expense Income Before Tax 350,000 4,275,000 Income Tax Expense Net Income from Continuing Operations 1,239,750 3,035,250 Discontinued Operations Net Income 3,035,250 Question 7 What is the return on equity? Question 8 What is days sales outstanding for this firm? Question 9 What is their inventory turnover ratio? Question 11 What is this firm's days payable outstanding? Or in othe Question 12 How long is the cash conversion cycle for this firm