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begin{tabular}{|l|l|l|l|} hline multicolumn{3}{|c|}{ Balance Sheet } hline cash & & Payables & hline receivables & & LTD & $400,000 hline Inventory &

image text in transcribed \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Balance Sheet } \\ \hline cash & & Payables & \\ \hline receivables & & LTD & $400,000 \\ \hline Inventory & & Common Stock & \\ \hline Fixed Assets & & Retained Earning & $300,000 \\ \hline Total assets & $1,500,000 & Total Claims & \\ \hline sales & & Net Income & \\ \hline Retained Earning Beginning Balance & \\ \hline \end{tabular} \begin{tabular}{|l|c|} \hline Debt Ratio & 60% \\ \hline Quick Ratio & 0.75X \\ \hline Total asset turnover & 2.0X \\ \hline Average collection period & 42 days \\ \hline Net profit magin & 4.00% \\ \hline Inventory turnover & 8X \\ \hline \end{tabular}

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