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Ay ASBL Adfe . E LPDATES AVALABLE Do you want to install the updates now or try tonight? bus 2023434 Selected Solar System Inc. has

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Ay ASBL Adfe . E LPDATES AVALABLE Do you want to install the updates now or try tonight? bus 2023434 Selected Solar System Inc. has provided you with the following information Account 2022 Cash 2021 $ 21,000 Short-term (trading) investments $ 47,000 28,000 Accounts receivable 102,000 116,000 Inventory 86.000 64.000 Prepaid expenses 11,000 9,000 Total assets 1,500,000 1,489,000 Total current liabilities 205.000 241.000 Net sales, all on credit 877,000 850,000 Cost of goods sold 579,000 3SS000 Operating income 165,000 158.000 Income tax expense 20.000 18.000 Net Income 100.000 100,000 Interest expense 36,000 40.000 Common shares (no preferred) 429.000 420.000 Retained earnings 153,000 74.000 Required Calcolate the following tation for 2002. Round all oues to decimo 345Show Salutions Tin nh 1 tay 2. Quick Cadites ratio Receables turnover 4. Debit in totalt 5 Test earned Refren 7 Rate of CT share inted fallar untitled folder 2 and folder

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