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Financial data for the Power Co. as of December 31, 2017: Inventory $300,000 Long-term debt 500,000 Interest expense 25,000 Accumulated depreciation 450,000 Cash 280,000 Net

Financial data for the Power Co. as of December 31, 2017:

Inventory

$300,000

Long-term debt

500,000

Interest expense

25,000

Accumulated depreciation

450,000

Cash

280,000

Net sales (all credit)

1,800,000

Common stock

900,000

Accounts receivable

325,000

Operating expense (incl. depr. exp. and taxes)

625,000

Notes payable-current

200,000

Cost of goods sold

1,100,000

Plant and equipment

1,400,000

Accounts payable

180,000

Marketable securities

80,000

Accrued wages

45,000

Retained earnings

110,000

1)

From the information presented in Table 4-6, calculate the following ratios for the Power Co.

i. current ratio

ii. acid test ratio

iii. average collection period

iv. inventory turnover

v. gross profit margin

vi. operating profit margin

vii. net profit margin

viii. total asset turnover

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