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CES Assets: Cash and marketable sec. Accounts receivable $172,000 27,000 Inventory Total current assets Sunland Automotive Balance Sheet as of March 31, 2017 Liabilities and

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CES Assets: Cash and marketable sec. Accounts receivable $172,000 27,000 Inventory Total current assets Sunland Automotive Balance Sheet as of March 31, 2017 Liabilities and Equity $39,000 Accounts payable and accruals 164,000 Notes payable 214,000 $417,000 Total current liabilities Long-term debt Total liabilities 720,000 Common stock 93,000 Retained earnings $1,230,000 Total liabilities and equity $199,000 172,000 $371,000 319,000 540,000 $1,230,000 Net plant and equipment Goodwill and other assets Total assets udy In addition, it was reported that the firm had a net income of $178,000 on net sales of $4,550,000 Excel Template (Note: This template Includes the problem statement as it appears in your textbook. The problem assigned to you here may have different values. When using this template, copy the problem statement from this screen for easy reference to the values you've been given here, and be sure to update any values that may have be pre-entered in the template based on the textbook version of the problem.) What are the firm's current ratio and quick ratio? (Round answers to 2 decimal places, c.9.15.25.) Current Ratio times Quick Ratio times Calculate the firm's days' sales outstanding, total asset turnover ratio, and foed asset turnover ratio. (Round answers to 2 decimal places, e.g.15.25. Use 365 days for calculation.) Days Sales Outstanding days Total Asset Turnover times Fixed Asset Turnover times

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