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Kaloi Corporation has provided the following financial data: Year 1 Balance Sheet December 31, Year 2 and Year 1 Assets Year 2 Current assets: Cash

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Kaloi Corporation has provided the following financial data: Year 1 Balance Sheet December 31, Year 2 and Year 1 Assets Year 2 Current assets: Cash $ 205,000 Accounts receivable, net 192,000 Inventory 118,000 Prepaid expenses 41,000 Total current assets 556,000 Plant and equipment, net 813,000 Total assets $ 1,369,000 $ 190,000 200,000 130,000 40,000 560,000 770,000 $1,330,000 $ $ Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities Bonds payable Total liabilities Stockholders' equity: Common stock, $2 par value Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities & stockholders' equity 115,000 27,000 55,000 197,000 130,000 327,000 100,000 30,000 60,000 190,000 130,000 320,000 100,000 60,000 882,000 1,042,000 $ 1,369,000 100,000 60,000 850,000 1,010,000 $ 1,330,000 Income Statement For the Year Ended December 31, Year 2 Sales (all on account) Cost of goods sold Gross margin Operating expenses Net operating income Interest expense Net income before taxes Income taxes (30%) Net income $ 1,370,000 830,000 540,000 478,286 61,714 11,000 50,714 15,214 $ 35,500 What is the company's working capital at the end of Year 2? What is the company's current ratio at the end of Year 2? What is the company's accounts receivable turnover for Year 2? What is the company's average collection period for Year 2? What is the company's inventory turnover for Year 2? What is the company's average sale period for Year 2? What is the company's operating cycle for Year 2

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