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Assets 2012 2013 Cash 45 50 A/R 362 301 Inventory 386 237 Total 793 588 Net Fixed Assets 1000 1200 Total Assets 1793 1788 Liabilities
Assets | 2012 | 2013 |
---|---|---|
Cash | 45 | 50 |
A/R | 362 | 301 |
Inventory | 386 | 237 |
Total | 793 | 588 |
Net Fixed Assets | 1000 | 1200 |
Total Assets | 1793 | 1788 |
Liabilities | 2012 | 2013 |
---|---|---|
Accounts Payable | 341 | 327 |
Notes Payable | 150 | 125 |
Total | 491 | 452 |
Long-Term Debt | 500 | 750 |
Common Stock | 400 | 400 |
Retained Earnings | 95 | 125 |
1486 | 1727 |
2013 | |
---|---|
Sales | 1553 |
Cost of Goods Sold | 1242 |
Depreciation | 200 |
EBIT | 111 |
Interest | 80 |
Taxes | 60 |
Net Income | -29 |
What is the Accounts Receivable Turnover (to 1 decimal)?
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