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754/4/4 Sales Cost of goods sold Gross profit. Selling expenses Administrative expenses. Total operating expenses Income from operations Other income.. $10,000,000 5,350,000 $ 4,650,000 $

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754/4/4 Sales Cost of goods sold Gross profit. Selling expenses Administrative expenses. Total operating expenses Income from operations Other income.. $10,000,000 5,350,000 $ 4,650,000 $ 2,000,000 1,500,000 $ 3.500.000 $ 1,150,000 150,000 $ 1,300,000 170,000 $ 1,130,000 230,000 $ 900,000 $9,400,000 4,950,000 $4,450,000 $1,880,000 1,410,000 $3.290,000 $1,160,000 140,000 $1,300,000 150,000 $1,150,000 225.000 $ 925,000 Other expense interest) Income before income tax Income tax expense. Net Income Stargel Inc. Comparative Balance Sheet December 31, 2012 and 2041 2012 2011 $ 500,000 1,010,000 740,000 1,190,000 250,000 $3,690,000 2,350,000 3,740,000 $9,780,000 $ 400,000 1,000,000 510,000 950,000 229,000 $3.089.000 2,300,000 3.366,000 $8.755,000 Assets Current assets: Cash. Marketable securities Accounts receivable (net). Inventories Prepaid expenses. Total current assets. Long-term investments Property, plant, and equipment (net) Total assets Liabilities Current liabilities Long-term liabilities: Mortgage note payable, 10% Bonds payable, 10% Total long-term liabilities Total liabilities Stockholders' Equity Preferred 50.90 stock, 510 par Common stock, 55 par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 900,000 $ 880,000 $ 200.000 1.500.000 $1,700,000 52.600,000 $ 0 1.500,000 $1,500,000 $2,380,000 $ 500,000 500,000 6,180,000 $7.180,000 $9.780,000 $ 500.000 500,000 5375,000 $6,375,000 $8.755,000 Aa . ENG 10:16 PM 5/26/2020 Presco Home End Pg Up PgOn Total liabilities and stockholders' equity. $9,780,000 $8,755,000 Instructions Determine the following measures for 20Y2 (round to one decimal place including percentages, except for per-share amounts): 1. Working capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days' sales in receivables 6. Inventory turnover (Continued)

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