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5. Selected recent balance sheet and income statement information for the clothing companies: Import Plus and Red Circle Corporation follows: tion Import Plus (in $000s)

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5. Selected recent balance sheet and income statement information for the clothing companies: Import Plus and Red Circle Corporation follows: tion Import Plus (in $000s) S 6,505 32,860 318,897 421,486 1,165,973 248,806 (118,504) Red Circle in millions $ 5,500 20,898 14,358 22,654 72,965 30,694 7,744 1,767 Cash Accounts receivable Inventory Total current liabilities Total liabilities Total equity Pre-tax income (loss) Interest ex Calculate the debt-to-equity ratios for Import Plus. A) 5.00 B) 5.15 C) 2.38 D) 4.69 E) 6.00 6. Selected recent balance sheet and income statement information for Sullivan & Sons E) 6.00 Selected recent balance sheet and income statement information for Sullivan & Sons Corporation follows: 6. in milli 2018 2017 Average inventory 21,012 23,868 57,681 52,755 29,726 26,704 375,104 410,728 175,048 179,398 Average accounts receivable Average accounts payable Sales Cost of goods sold Calculate accounts receivable turnover for 2018 A) 2.78 B) 3.09 C) 3.35 D) 3.97 E) 6.50

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