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Inventory $300,000 Cas 280,000 Accounts receivable 325,000 Marketable securities 800,000 Long term debt 500,000 Net sales(all credit) 1,800,000 Common stock 900,000 Interest expense 25,000 Operating

Inventory

$300,000

Cas

280,000

Accounts receivable

325,000

Marketable securities

800,000

Long term debt

500,000

Net sales(all credit)

1,800,000

Common stock

900,000

Interest expense

25,000

Operating expense

625,000

Accumulated depreciation

450,000

Cost of goods sold

1,100,000

Plant and equipment

1,400,000

Notes and payable current

200,000

Accounts payable

180,000

Accrued wages

45,000

Retained earnings

190,000

  1. Current ratio
  2. Acid test ratio
  3. Average collection period
  4. Inventory turnover

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