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All answers rounded to 2 decimals please 1. What was the common size ratio for Cash account at the end of the year? 2. What

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All answers rounded to 2 decimals please

1. What was the common size ratio for Cash account at the end of the year?

2. What was the quick ratio at the end of the year?

3. What was the cash coverage ratio at the end of the year?

4. How long, on average, did a unit of inventory sit on the shelf before it was sold for the year?

5. What was the company's ROE for the year? (percent)

Balance Sheet Beginning of year End of year Cash $ 38,200.00 $ 43,700.00 Accounts Recievable $ 91,400.00 $ 86,150.00 Inventory $ 203,900.00 $ 214,600.00 Net Fixed assets $ 516,100.00 $ 537,950.00 Total assets $ 849,600.00 $882,400.00 Accounts Payable $ 136,100.00 $ 104,300.00 Long-term debt $ 329,500.00 $298,200.00 Common stock ($1 par value) $ 75,000.00 $ 82,000.00 Retained earnings $ 309,000.00 $397,900.00 Total Liabilities and Equity $ 849,600.00 $882,400.00 For the year Net Sales $ 827,500.00 Cost of Goods Sold $ 611,800.00 Depreciation $ 23,100.00 EBIT $ 192,600.00 Interest $ 9,700.00 Taxable income $ 182,900.00 Taxes $ 38,400.00 Net Income $ 144,500.00

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