KING CORPORATON For Year Ended December 31,2011 Net sales Costs and expenses Interese expense Incomse tanes 45,600 KING CORPORATION Partial Balance Shee S 493 2,p00 $1012 820 s 103,689 Teial current asscs Teade andd other ailiies f lon-verm debr (P 6-11 CONTINUED) a. Working capital b. Current ratio c. Acid-test ratio d. Cash ratio e. Days' sales in receivables f. g. h. i. Accounts receivable turnover in days Days' sales in inventory Inventory turnover in days Operating cycle