I just want to make sure that I have done it correctly before I submit the HW,

I only need confirmation about my answers,

Thank you.

Wittels Corporation has provided the following data T think Year 2 $1,253,00 $1,230,000 $ 586,000 570,000 $ 667,000 660,000 Year Total assets Total liabilities Total stockholders' equity The company's equity multiplier is closest to: Multiple Choice .14 0.53 0.88 1.87 Ribaudo has provided the following financial data from its balance sheet and income statement Year 2 Year 1 $ 74,000 130,000 $ 255,000 240,000 $ 173,000 180,000 $ 564,000 610,000 $1,350,000 $1,330,000 s 170,000 160,000 $ 633,000 620,000 717,000 710,000 Cash Accounts receivable, net Inventory Total current assets Total assets Accounts payable Total liabilities Total stockholders' equity Sales (all on account) Cost of goods sold $1,290,000 $ 700,000 The company's total asset turnover for Year 2 is closest to: Multiple Choice 529 019 1.04 096 I-think Burdick Corporation has provided the following financial data from its balance sheet Year 2 Year 1 $ 250,600 190,000 $1,390,000 970,000 Accounts receivable, net Inventory Total assets Total stockholders' equity 266,000 162,000 $1,415,000 $ 991,000 Sales (all on account) in Year 2 amounted to $1,410,000 and the cost of goods sold was $860.000. The company's operating cycle for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places Multiple Choice 0.4 days 79.5 days 41.3 days 72 2 days