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Only CJK. Thanks Use the financial statements of Heifer Sports Inc. to find the information below for Helfer (Use 365 days a year. Round all
Only CJK. Thanks
Use the financial statements of Heifer Sports Inc. to find the information below for Helfer (Use 365 days a year. Round all answers to 2 decimal places except S amounts.) Income Statement Sales Cost of goods sold Depreciation Selling & admin. expenses EBIT Interest expense Taxable income Taxes Net income 2017 $5,810,000 3,089,000 307,300 1,644,000 $ 769, 700 186,000 $ 583,700 267,200 $ 316,500 2017 2016 $ 38,500 572,000 424,700 51,035,200 2,750,000 $ 3,785,200 S 110,000 1,910,500 1.329,100 $ 3,349,600 2,871,000 $11,220,600 Balance Sheet, Year-End Assets Cash Accounts receivable Inventory Total current assets Pixed assets Total assets Liabilities and Stockholders' Equity Accounts payable Short-term debt Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total stockholders' equity $ 305,300 514.000 $ 819,300 1,601,500 $ 2,420,800 $ 316,600 1,047,800 $ 1,364,400 $ 1,387,000 1,706,300 $ 3,093,300 6.819,400 $ 9,912,700 5 316,600 991,300 $ 1,307,900 Accounts payable Short-term debt Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity SV, SUV 514,000 $ 819,300 1,601,500 $ 2,420,800 316, 600 1,047,800 $ 1,364,400 $ 3,785,200 1,301,VUU 1, 706,300 $ 3,093,300 6,819,400 $ 9,912,700 $ 316,600 991,300 $ 1,307,900 $11,220,600 $ Answer is not complete. a. 3.52 1.77 b. c. $ (1,161,200) 78.00 d. days 0.77 e. Inventory turnover ratio in 2017 Debt/equity ratio in 2017 Cash flow from operating activities in 2017 Average collection period Asset turnover ratio Interest coverage ratio Operating profit margin Return on equity Compound leverage ratio Net cash provided by operating activities f. 4.14 13.25 % g. h. % 23.69 2.10 X > J. k Step by Step Solution
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