5/14/22, 1:52 PM Cengage NOWv2 | Online teaching and learning resource from Cengage Learning Total liabilities $3,414,240 $2,761,199 Stockholders' Equity Preferred $0.70 stock, $50 par Common stock, $10 par $550,000 630,000 $550,000 630,000 Retained earnings 3,087,800 2,552,200 Total stockholders' equity Total liabilities and stockholders' equity $4,267,800 $7,682,040 $3,732,200 $6,493,399 Instructions: Determine the following measures for 20Y8. Round ratio values to one decimal place and dollar amounts to the nearest cent. For number of days' sales in receivables and number of days' sales in inventory, round intermediate calculations to the nearest whole dollar and final amounts to one decimal place. Assume there are 365 days in the year. 1. Working capital 2. Current ratio 1,791,328 3.2 3. Quick ratio 2.5 4. Accounts receivable turnover 5.9 5. Days' sales in receivables 6. Inventory turnover 7. Days' sales in inventory 8. Debt ratio 9. Ratio of liabilities to stockholders' equity days 61.9 2.9 days 125.9 % 0.8 https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker-&take AssignmentSessionLocator &inprogress-false 315