Dec 31, 2013 The following data were taken from the statement of financial position of a company Dec 31 2014 Prepaid expenses 450,000 Inventories 428,000 Accounts receivable 1,652,000 Cash 650,000 Total current assets 3,180,000 415,000 375,000 1,657,000 570,000 3,017,000 Total current liabilities 1,200,000 1,050,000 Determine for each year (1) the working capital (2) the current ratio and (3) quick ratio Round ratios to one decimal place. Merchandise sales Account receivable: beginning Account receivable end Andy Ltd Billy Ltd 9,200,000 370,000 425,000 6,452,000 478,000 658,000 Determine the (1) accounts receivable turnover and (2) the number of days sales in receivables for both companies. Round to one decimal place Cathy Ltd 75,000 52.000 1.500 Daisyo 135.000 97,000 Sales Cost of goods sold Inventory, beginning of period Inventory, end of period 7.200 2.400 5.800 Determine for both companies (1) the inventory turnover and (2) the no. of days sales in Inventory. Round to one decimal place, Fishy Ltd Net Sales Total assets (beginning of y) Total assets lend of yr) Edith Ltd 9,257,000 2,700,000 2.722.000 9,258,000 4,600,000 9,200,000 Determine the ratio of net sales to assets for all three companies. Round to one decimal place. The following selected data were taken from the financial statement of Robinson Inc. for Dec 31, 2014, 2013, 2012. 2012 Net profit interest expense Total assets in the beginning of year Total assets in the end of year 2014 4,800,000 180,000 250,000 500,000 2013 3,854,000 175,000 326,000 475,000 Share capital Retained earnings 1,952,000 582,000 1,875.000 482,000 2,658,000 385.000 Determine the ratio earned on total assets and rate earned on equity