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If you know that Net Sales is $110,000 and 365 days in a year. Calculate the Average Collection Period for Arabian Enterprises. * Cash Accounts

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If you know that Net Sales is $110,000 and 365 days in a year. Calculate the Average Collection Period for Arabian Enterprises. * Cash Accounts Receivables Inventory Total Current Assets Net Fixed Assets Balance Sheet Arabian Enterprises December 31, 2019 $ 4,500 Accounts Payable 19,861 Notes Payable 27,500 Accruals $ 51,861 Total Current Liabilities 45,484 Long-term Debt Stockholders' Equity (S.E.) $ 97,345 Total Liabilities and S.E. $ 10,000 10,609 1,000 $ 21,609 30,763 44.973 $ 97,345 Total Assets O 65.9 Days O 49.5 Days 57 Days 90 Days Calculate the Debt Ratio for Arabian Enterprises. * Cash Accounts Receivables Inventory Total Current Assets Net Fixed Assets Balance Sheet Arabian Enterprises December 31, 2019 $ 4,500 Accounts Payable 19.861 Notes Payable 27.500 Accruals $ 51,861 Total Current Liabilities 45,484 Long-term Debt Stockholders Equity (S.E.) $ 97.345 Total Liabilities and S.E. $ 10,000 10,609 1,000 $ 21,609 30,763 44.973 $ 97,345 Total Assets 78.5% 59.4% 41.7% 53.8%

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