Company: Toyota Motor Corporation

Item	Amount (in millions)
Cash and Cash Equivalents	$40,200
Accounts Receivable	$18,600
Inventory	$19,800
Total Current Assets	$95,200
Property, Plant, Equipment	$85,000
Total Assets	$275,000
Accounts Payable	$40,000
Short-term Debt	$10,000
Total Current Liabilities	$80,000
Long-term Debt	$45,000
Total Liabilities	$135,000
Total Equity	$140,000

Questions:

1. Calculate Toyota's current ratio.
2. Determine Toyota's quick ratio (acid-test ratio).
3. What is Toyota’s debt to equity ratio?
4. Compute the working capital of Toyota.
5. If Toyota had net sales of $240,000 million and cost of goods sold of $160,000 million, what is the inventory turnover ratio?