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Balance Sheet 2019 2020 2019 2020 Cash Accounts payable Accounts receivable Long-term debt $21,100 $22,300 13,500 8,300 58,600 56,100 83,200 92,800 $176,400 $179,500 Inventory Net
Balance Sheet 2019 2020 2019 2020 Cash Accounts payable Accounts receivable Long-term debt $21,100 $22,300 13,500 8,300 58,600 56,100 83,200 92,800 $176,400 $179,500 Inventory Net fixed assets Common stock $13,800 $12,100 76,500 87,600 56,800 59,000 29,300 20,800 $176,400 $179,500 Retained earnings Total liabilities and equity Total assets Income Statement Net Sales $159,000 Costs Depreciation 121,400 8,300 29,300 EBIT Interest 2,100 Taxable income 27,200 Taxes Net Income 5,712 $21,488 1. What was the common size ratio for COGS for 2020? (State in percent and round your answer to 2 decimal places.) percent 2. What was the Quick Ratio for 2020? (Round your answer to 2 decimal places.) 3. What was the Debt-Equity Ratio for 2020? (Round your answer to 2 decimal places.) 4. How long, on average, did a unit of inventory sit on the shelf before it was sold for 2020? (Use average inventory. Do not round intermediate calculations. Round your answer to integer.) days 5. What was the company's profit margin for 2020? (State in percent and round your answer to 2 decimal places.) percent
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