5.2 Ratio Analysis Points: 3 Items 4 points 12 points Directions: Compute the following liquidity ratios based on the information provided below. $ $ 750,000 473,000 a) Inventory Turnover Sales Cost of Goods Sold Merchandise Inventory Beginning of year End of Year $ $ 40,000 44,000 Merchandise Inventory Turnover b) Working Capital & Current Ratio June 30, 2018 Current Assets are $650,000 June 30, 2018 Current Liabilities are $250,000 Issued long term note to the bank for $80,000 cash Before the Transaction After the Transaction $ 400,000 $ 480,000 1 Working Capital 2 Current Ratio Helpful Resources Principles of Accouting Page 285-304 Ratio Analysis Video 5.3 Ratio Analysis Points: 4 items 3 points = 12 points Directions: Compute the following ratios based on the information below $ S $ Current Assets Long-Term Assets(net) Total Assets Current Liabilities Long-Term Liabilities Total Liabilities Common Stock and Retained Earnings Total Liabilities and Stockholders' equity 850,000 2,200,000 3,050,000 650,000 1,500,000 2,150,000 900,000 3,050,000 $ Working Capital Current Ratio Debt to Assets Ratio Debt to Equity Ratio Helpful Resources Principles of Accouting Page 285-304 Ratio Analysis Video