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ES Oriole Automotive's balance sheet at the end of its most recent fiscal year shows the following information: $171,000 28,000 Oriole Automotive Balance Sheet as
ES Oriole Automotive's balance sheet at the end of its most recent fiscal year shows the following information: $171,000 28,000 Oriole Automotive Balance Sheet as of March 31, 2017 Assets: Liabilities and Equity: Cash and marketable sec. $31,000 Accounts payable and accruals Accounts receivable 156,000 Notes payable Inventory 211,000 Total current assets $398,000 Total current liabilities Long-term debt Total liabilities Net plant and equipment 710,000 Common stock Goodwill and other assets 92,000 Retained earnings Total assets $1,200,000 Total liabilities and equity $199,000 170,000 $369,000 316,000 515,000 $1,200,000 is by Study In addition, it was reported that the firm had a net income of $176,000 on net sales of $4,600,000 Excel Template (Note: This template includes the problem statement as it appears in your textbook. The problem assigned to you here may hai template, copy the problem statement from this screen for easy reference to the values you've been given here, and be sure to been 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, e.0.15.25.) Current Ratio times Quick Ratio Times Calculate the firm's days' sales outstanding, total asset turnover ratio, and fixed asset turnover ratio. (Round answers to 2 decimal calculation.) Days Sales Outstanding days Total Asset Turnover times Fixed Asset Turnover times Click if you would like to Show Work for this question: Open Show Work
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