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3 - Worth 10 Points. The following information pertains to Uptown Company. Assets Cash and money market accounts $ 40,000 Accounts receivable (beginning balance was

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3 - Worth 10 Points. The following information pertains to Uptown Company. Assets Cash and money market accounts $ 40,000 Accounts receivable (beginning balance was $26,000) 30,000 Inventory (beginning balance was $20,000) 25,000 Property, plant and equipment 215,000 Total Assets $310,000 $310,000 Liabilities and Stockholders' Equity Current liabilities $ 60,000 Long-term liabilities 95,000 Stockholders' equity-common 155,000 Total Liabilities and stockholders' equity Income Statement Sales $ 90,000 Cost of goods sold 45,000 Gross profit 45,000 Operating expenses 20,000 Net income $ 25,000 Number of shares of common stock 6,000 Market price of common stock $20 Dividends per share 1.00 Cash provided by operations $40,000 Instructions Compute the following 5 caculations: 1 - Working capital amount: 2 - Current Ratio 3 - Inventory Turnover Ratio 4 - Receivables Turnover Ratio 5- Profit Margin Ratio

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