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Fictishus Inc. Balance Sheet As of December 31, 2019 ASSETSLIABILITIES AND SHAREHOLDERS EQUITY Current AssetsCurrent Liabilities Cash 600Accounts Payable 800 Accounts Receivable 400Notes Payable 200

Fictishus Inc.

Balance Sheet

As of December 31, 2019

ASSETSLIABILITIES AND SHAREHOLDERS EQUITY

Current AssetsCurrent Liabilities

Cash 600Accounts Payable 800

Accounts Receivable 400Notes Payable 200

Inventory1,400Total Current Liabilities1,000

Investments1,200Long Term Debt2,800

Total Current Assets3,600TOTAL LIABILITIES3,800

Fixed Assets2,200

TOTAL ASSETS5,800Shareholders Equity

Common Stock2,000

Select 2019 Income Statement information:

  • Revenue:$8,100

  • Cost of Goods Sold:$5,400

  • SG&A Expense:$1,350

  • Net Income: $810

  1. What is the current ratio?

  1. What are the inventory days or turns (just specify which one)?

  1. What are the days receivables?

  1. What is the gross profit margin percentage?

  1. What is the operating profit margin percentage?

  1. What is the companys Return on Equity?

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