5 of 10 View Policies Current Attempt In Progress As loan analyst for Cheyenne Bank, you have been presented the following information. Toulouse Co. Lautrec Co. Assets Cash $117,000 $309,000 Receivables 229,000 290,000 Inventories 593,000 544,000 Total current assets 939.000 1,143,000 Other assets 490,000 587,000 Total assets $1,429,000 $1,730,000 Liabilities and Stockholders' Equity Current liabilities $296,000 $342,000 Long-term liabilities 382,000 490,000 Capital stock and retained earnings 751,000 898,000 Total liabilities and stockholders' equity $1,429,000 $1,730,000 Annual sales $968,000 $1,565,000 Rate of gross profit on sales 30 % 40 % -/2.5 : Each of these companies has requested a loan of $50,000 for 6 months with no collateral offered. Because your bank has reached its quota for loans of this type, only one of these requests is to be granted. Compute the various ratios for each company. (Round answer to 2 decimal places, e.g. 2.25.) Each of these companies has requested a loan of $50,000 for 6 months with no collateral offered. Because your bank has reached its quota for loans of this type, only one of these requests is to be granted. Compute the various ratios for each company. (Round answer to 2 decimal places, e.g. 2.25.) Toulouse Co. Current ratio :1 Lautrec Co. :1 Acid-test ratio 1 Accounts receivable turnover. times times Inventory turnover times times Cash to current liabilities 1 :1