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do not use excel urgent please 2020 Dojitec Inc. Comparative Balance Sheets April 30 Assets 2021 Current Assets Cash $67000 Short Term Investments 29500 Accounts

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do not use excel
urgent please
2020 Dojitec Inc. Comparative Balance Sheets April 30 Assets 2021 Current Assets Cash $67000 Short Term Investments 29500 Accounts Receivable 56900 Inventory 102,300 Long Term Assets Long term Investments 97,000 Equipment 198,000 Accumulated depreciation- (50000) equipment Total $500,700 $42980 22500 47500 90650 103000 215000 (48000) $473,630 $85,300 26700 $55400 15000 Current Liabilities Accounts Payable Accrued Expenses payable Long Term Liabilities Bonds Payable Stockholders' Equity Common Stock Retained Earnings Total 98,000 80,000 125,000 165,700 $500,700 165500 157,730 $473,630 Dojitec Inc. Income Statement For the Year Ended April 30, 2021 Sales Revenue Less: Sales Returns and Allowances Net Sales Cost of Goods Sold Gross Profit Operating Expenses excluding depreciation Depreciation Expense Income Tax Expense $298,705 35.000 263,705 111,153 152,552 71,907 30,955 28,220 13500 Interest expense Loss on disposal of plant assets Net Income 0 7970 [8] Instructions: Compute the following ratios for 2020 using the data given above. a) Current ratio b) Average Collection Period c) Debt to assets d) Asset Turnover

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