47. Current assets = ____________. 48. Current liabilities = ____________. 49. Long-term debt = ____________. 50. Total assets =____________.

Number of shares outstanding 50,000 Average collection period (days) 27 Sales $840,000 Accounts payable days 12 Gross profit margin 30% Capital surplus $131,600 Inventory turnover ratio 12 Total dividends paid $4,000 Cash $21,000 Accruals $20,500 Net profit margin 10% Quick ratio 1.5 Return on assets 20% Debt ratio 30% Percent of sales for cash 25%