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A partial balance sheet for Captain D's Sportswear is shown below. (dollars in thousands) Assets: Cash Accounts receivable (net) Investments Inventory Prepaid rent Total current
A partial balance sheet for Captain D's Sportswear is shown below. (dollars in thousands) Assets: Cash Accounts receivable (net) Investments Inventory Prepaid rent Total current assets Property & Equipment, (net) $ 69 178 58 208 33 546 261 Liabilities: Accounts payable Other liabilities Total current liabilities Long-term liabilities Total liabilities Stockholders' equity: Common stock Retained earnings Total stockholders' equity Total liabilities and equity $250 82 332 113 445 156 206 362 $807 Total assets $807 The current ratio is: (Round your answer to 2 decimal places.) Multiple Choice 1.64. Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receivable $ 29,500 $ 45,000 Inventory 32,000 43,000 Net sales (all credit) 196,000 195,000 Cost of goods sold 121,000 113,000 Total assets 427,000 411,000 Total stockholders' equity 244,000 228,000 Net income 34,000 31,000 Stealth Company's 2021 receivables turnover ratio is: Multiple Choice 5.26 times. 6.63 times. Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receivable $ 83,000 $ 78,000 Inventory 90,000 72,000 Net sales 450,000 374,000 Cost of goods sold 256,000 226,000 Total assets 835,000 785,000 Total stockholders' equity 475,000 430,000 Net income 72,000 60,000 TPX Company's 2021 return on equity is: (Round your answer to 1 decimal place.) Multiple Choice 15.9%
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