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Hello. I need a solution without explanation. Thank you Use the following information to compute the requirements in questions (1-5) The following accounts are related
Hello. I need a solution without explanation. Thank you
Use the following information to compute the requirements in questions (1-5) The following accounts are related to the Company () Current Assets = 400,000 Fixed Assets = 800,000 Debt Ratio = 0.2 Long-Term Liabilities = 80,000 Inventory = 80,000 Prepared Expenses = 20,000 Sales = 4,900,000 ( of this sale 2,000,000 cash) (COGs) cost of sales = 2,200,000 Operating expenses = 900,000 Returns of sales = 100,000 Average A/R = 1,200,000 N 2. Debt to Equity Ratio = * (3 Points) 0.35 0.25 0.4 0.18 . 3. Current Ratio (3 Points) 3.5 2 1.5 2.5 * 4. Quick Ratio (3 Points) 1.875 1.25 1.375 1.45 5. Average collection period ( in days )= (3 Points) 150 160.8 165.5 156.7Step by Step Solution
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