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A financial analyst has been tasked to analyse Lincoln Co. - a company selling American products. Some excerpts from the latest financial statements for this

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A financial analyst has been tasked to analyse Lincoln Co. - a company selling American products. Some excerpts from the latest financial statements for this company are below: Balance Sheet Account receivable $209,600 Total current liabilities $219,000 Fixed assets (net) $548,630 Income Statement Net income $865,000 Eastpac Bank has already determined the following information about Lincoln Co.: the current ratio is 1.45. the quick ratio is 1.18, the inventory turnover ratio is 12.73, and the profit margin is 10.10% over the period The financial analyst needs to calculate the following for Lincoln Co.: a. What is the total amount of current assets? (2 marks) b. What is the total amount of inventory? (2 marks) c. What is the cost of goods sold? (2 marks) d. What is the inventory period (days)? (2 marks) e. What is the total amount of sales? (2 marks) f. What is the receivable turnover ratio? (2 marks) g. What is the accounts receivable period (days)? (2 marks) h. What is the asset turnover ratio? (2 marks)

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