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Following is an extract of information from the books of Express Photos: 2014 2013 Net Sales 166500 Net Credit Sales 150500 Inventory 13000 15000 Total

Following is an extract of information from the books of Express Photos:

2014

2013

Net Sales

166500

Net Credit Sales

150500

Inventory

13000

15000

Total Assets

98000

Current Liabilites

48000

COGS

86000

Gross Profit

80500

Current Assets

72000

Total Liabilities

56000

Accounts Receivable

25000

18000

Non leap year

Calculate the following ratios:

Format as noted.

Current Ratio (to 1 decimal place)

Answer

Debt Ratio (as a percentage to 1 decimal place - no "%")

Answer

Accounts Receivables Turnover (rounded to nearest whole number)

Answer

Days in Inventory (rounded to nearest whole number)

Answer

Gross Profit Percentage (as a percentage to 1 decimal place - no "%")

Answer

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