CP 13-9 Assume a company has the following financial information: Cash and short-term investments Prepaid expenses Capital assets Total liabilities Stockholders' equity Sales Credit sales Current ratio Acid-test ratio Gross profit ratio $ 6 -0- 90 40 140 420 300 2.5:1 1:1 30% Assume current assets consist of cash, short-term investments, accounts receivable, inventory, and prepaid expenses, and that ending balances are the same as average balances for the year. Required: Calculate 1. Current liabilities 2. Inventory 3. Accounts receivable collection period 4. Number of days of sales in inventory 5. Revenue operating cycle 6. (Appendix) Net financial debt. Assume current liabilities consist of a bank loan