Balance Sheet (A-H)

Petty Cash Number of bills Denomination

180 1

210 5

280 20

Checking Account 984,050

Accounts Receivable Customer Amount

Sam 24,000

Shane 42,000

Sal 49,000

Sep 82,000

Scott 81,000

Inventory Type Quantity Cost

Big 140 170

Medium 180 114

Small 1,000 133

PP&E Cost Accumulated Depreciation

2,575,000 153,000

Patents Name Cost

#1 16,400

#2 20,400

Accounts Payable Supplier Amount

X Incorp. 203,000

Y Incorp. 333,000

Z Incorp. 118,000

Accrued Vacation Pay 14,000

Long Term Debt 209,000

Paid in Capital 78,000

Additional Paid in Capital 220,000

Retained Earnings 3,480,000

Treasury -750,000

Sales Quantity Price

55,000 101

Net Profit Margin 16%

1. What is Total Assets Turnover?

A Between 0.00 and 1.00

B Between 1.00 and 2.00

C Between 2.00 and 3.00

D Between 3.00 and 4.00

E Between 4.00 and 5.00

F Between 5.00 and 6.00

G Between 6.00 and 8.00

H Between 8.00 and 11.00

2. What was the Return on Asssets?

A Between 20.00% and 24.00%

B Between 24.00% and 28.00%

C Between 28.00% and 34.00%

D Between 34.00% and 39.00%

E Between 39.00% and 45.00%

F Between 45.00% and 51.00%

G Between 51.00% and 63.00%

H Between 63.00% and 75.00%