(C) 2017 Cengage Learning. All Rights Reserved. May not be scanned, copied, or duplicated, or posted to a publicly accessible website, in whole or in part. 3. What is the amount of Total Assets? 4. What is the amount of Total Current Liabilities? 5.What is the amount of Total Equity? 6. What is the amount of Total Liability and Equity? 7.Calculate the Working Capital? Formulae: Working Capital = Current Assets - Current Liabilities 8. Calculate the Current Ratio = Current Assets Current Liabilities 9. Acid-Test ( Quick ) Ratio =( Cash + ST Investments + Net Current Receivables ) Current Liabilities 10. Inventory Turnover =( Cost of Goods Sold )( Average Inventory ) 11. Accounts Receivable Turnover =( Net Credit Sales )( Average Net Accounts Receivable ) 12. Days Sales in Receivables = Average Net Accounts Receivable ( Net Sales 365) 13. Debt Ratio = Total Liabilities Total Assets 14. Times Interest Earned Ratio = Income from Operations Interest Expense 15. Rate of Return on Net Sales = Net Income Net Sales 16. Rate of Return on Assets =( Net Income + Interest Expense ) Average Total Assets 17. Rate of Return on Common Stockholders Equity =( Net Income - Preferred Dividends ) (Average Common Stockholders Equity) 18. Earnings per Share of Common Stock =( Net Income - Preferred Dividends ) number of shares of common stock outstanding 19. Price / Earnings Ratio = Market Price per share Earnings per share DIRECTIONS: You have ONE WEEK to complete the Quiz. UPLOAD on CANVAS by OCTOBER 18, 2023. FORMAT ALLOWED: PDF or Word. NO JPEG format is allowed. Use 8.511 blank/white computer paper to provide your answers. 3-5 (C) 2017 Cengage Learning. All Rights Reserved. May not be scanned, copied, or duplicated, or posted to a publicly accessible website, in whole or in part. (C) 2017 Cengage Learning. All Rights Reserved. May not be scanned, copied, or duplicated, or posted to a publicly accessible website, in whole or in part. 3. What is the amount of Total Assets? 4. What is the amount of Total Current Liabilities? 5.What is the amount of Total Equity? 6. What is the amount of Total Liability and Equity? 7.Calculate the Working Capital? Formulae: Working Capital = Current Assets - Current Liabilities 8. Calculate the Current Ratio = Current Assets Current Liabilities 9. Acid-Test ( Quick ) Ratio =( Cash + ST Investments + Net Current Receivables ) Current Liabilities 10. Inventory Turnover =( Cost of Goods Sold )( Average Inventory ) 11. Accounts Receivable Turnover =( Net Credit Sales )( Average Net Accounts Receivable ) 12. Days Sales in Receivables = Average Net Accounts Receivable ( Net Sales 365) 13. Debt Ratio = Total Liabilities Total Assets 14. Times Interest Earned Ratio = Income from Operations Interest Expense 15. Rate of Return on Net Sales = Net Income Net Sales 16. Rate of Return on Assets =( Net Income + Interest Expense ) Average Total Assets 17. Rate of Return on Common Stockholders Equity =( Net Income - Preferred Dividends ) (Average Common Stockholders Equity) 18. Earnings per Share of Common Stock =( Net Income - Preferred Dividends ) number of shares of common stock outstanding 19. Price / Earnings Ratio = Market Price per share Earnings per share DIRECTIONS: You have ONE WEEK to complete the Quiz. UPLOAD on CANVAS by OCTOBER 18, 2023. FORMAT ALLOWED: PDF or Word. NO JPEG format is allowed. Use 8.511 blank/white computer paper to provide your answers. 3-5 (C) 2017 Cengage Learning. All Rights Reserved. May not be scanned, copied, or duplicated, or posted to a publicly accessible website, in whole or in part