calculate current ratio, average collection period, debt ratio, net profit margin and inventory turnover ratio.

Rachel Company Balance Sheet and selected Income Statement data $300,000 2,215,000 1,837,500 24,000 $3,286,500 2,700,000 1,087,500 $1,612,500 $4.899,000 Assets: Cash and marketable securities Accounts receivable Inventories Prepaid expenses Total current assets Fixed assets Less: accumulated depreciation Net fixed assets Total assets Liabilities: Accounts payable Notes payable Accrued taxes Total current liabilities Long-term debt Owner's equity Total liabilities and owner's equity Net sales (all credit) Less: Cost of goods sold Selling and administrative expense Depreciation expense Interest expense Earnings before taxes Income taxes Net income Common stock dividends Change in retained earnings $240,000 825,000 42.500 $1,107,000 975,000 2.817,000 $4,899.000 S6,375,000 4,312,500 1,387,500 135,000 127.000 S412.500 225.000 $187.500 $97,500 $90,000 6 (Ctrl) - to search RI