Explanation for all please

11 The ultimate owner(s) of an ongoing corporation are the federal government. a. b, the debt holders. the equity holders. c. d. the executive staff of the corporation. Bavarian Sausage, Inc. Bavarian Sausage, Inc. posted the following balance sheet and income statement. Balance Sheet Cash Accounts Receivable Inventoies Net Plant and Equipment 50,000 125,000 225,000 Accounts Payable Notes Payable Long-term debt $185,000 125,000 115,000 525,000 Common Stock Retained earnings Total liabilities and Stockholders' Equity 350,000 150,000 Total Assets 925,000 5925,000 Income Statement Sales Cost of goods sold $525,000 215,000 Eamings before 245,000 interest and taxes Interest expense 35,000 Net profit before taxes 210,000 Taxes (@ 40%) Net income $126,000 What is Bavarian Sausage, Inc.'s quick ratio? a. 0.5645 b. 1.2903 c. 19565 12. d. 0.8871 What is Bavarian Sausage, Inc.'s average collection period? a. 14.39 days b. 4.20 days c. 122.56 days d. 86.90 days 13