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A firm has the following accounts and financial data for 2020: Note: the company does not have preferred stocks . Current Assets 96000 Quick ratio

A firm has the following accounts and financial data for 2020:

Note: the company does not have preferred stocks.

Current Assets 96000

Quick ratio 1.51

Current liabilities 29000

Sales 1000000

Gross profit 800000

Long term debt 30000

Retained earnings2019 200000

Retained earnings2020 270000

Common stock equity 100000

Net profit margin 13%

Find the following:

Inventory

Answer for part 1

Cost of goods sold

Answer for part 2

Inventory turnover

Answer for part 3

Total assets

Answer for part 4

Debt to equity ratio

Answer for part 5

Earnings available for common
stockholders

Answer for part 6

Dividend paid in 2020

Answer for part 7

ROA

Answer for part 8

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