5 and 6

1.400 May 3 1,225 May 4 1,600 May 5 1,375 $1,125 1,325 1,325 1,325 1,325 1,325 $5,250 5,250 5,250 5,250 5,625 5625 825 500 350 350 350 350 $3,000 3,000 3,000 3,000 3,000 S 1,600 650 650 2) (2 3,575 ,000 5,625 0 pts) The follo order and find the values Put these items in cond find the values for X and Y items on a company's balance sheet. s payable Y 45,000 90,000 Accounts receivable X g term debt 35,000 Plant& Equmn Total Assets Long 10,000 55.000 Plant& Equipment 60,000 15,000 Inventory 3) (15 pts) A coffee distributor bought 5,000 Ibs at $2.30/lb had in January 10,000 lbs of coffee valued at $2.20/lb. They in Februaty and 5,000 Ilbs at $2.10/lb in March. In April, they sold January 10 and following methods? at is the gross income if inventory is valued using each of the A) Average value B) FIFO C) LIFO 4) (15 pts)A paid $20,000 in dividends and paid back a ation was $40,000, they company had a net income of $150,000 last year $60,000 loan to a bank. Receivables increased by g the year and inventories increased by $10,000. If they started the year with eir account, how much cash did they have at the end of the year? 5) (15 compute for 2017 the following ratios: pts) GE has 8.69 Billion shares outstanding. Use the attached information on GE to a) Average Collection Period b) Cash per share c) Current Ratio d) Gross Margin Rate e) Debt to Equity 6) (15 pts) GE's new CEO said on Monday: "We remain committed to strengthening the ance sheet including deleveraging". Explain what this statement means