Question
Please Highlight the answers I need to put in the cells and follow the format plsssss and thank you~ > 1 The following is the
Please Highlight the answers I need to put in the cells and follow the format plsssss and thank you~ > 1 The following is the balance sheet and income statement for Metro Eagle Outfitters, in condensed form, plus some information from the cash flow statement. 10 points Skipped 2019 $ 644,992 47,721 346,452 116,635 1,155,800 575,832 $1,731,632 $ 467,902 509, 045 1, 222,587 $1,731,632 2018 $ 759, 044 41,710 395,514 119,220 1,315,488 626,482 $1,941,970 $ 447,401 521,986 1,419,984 $1,941,970 2017 $ 748,693 39,521 315,208 98,988 1,202,410 572,802 $1,775,212 $ 401,837 421,341 1,353,871 $1,775,212 Balance Sheet Cash and short-term investments Accounts receivable Inventory Other current assets Total current assets Long-lived assets Total assets Current liabilities Total liabilities Shareholders' equity Total debt and equity Income Statement Sales Cost of sales Gross margin Operating expenses Earnings before interest and taxes Net income Interest paid in cash Taxes paid in cash Cash Flows Cash flow from operations Capital expenditures Dividends $3,478,602 2,099,480 $1,379,122 975,684 $ 403,438 $ 246, 108 94 143,499 $3,121,465 1,989,471 $1,131,994 855,385 $ 276,609 $ 153, 105 196 100,456 $2,948, 094 1,777,143 $1,170,951 852,176 $ 318,775 $ 142,047 175 47,137 $ 576,671 95,339 86,992 $ 489,317 92,266 86,992 $ 394,416 78,704 84,566 Required: Calculate the following liquidity ratios for Metro Eagle in 2018 and 2019: 1. Inventory turnover 2. Current ratio. 3. Quick ratio 4. Cash flow ratio Inventory Turnover 2019 2018 Numerator Denominator Current Ratio 2019 2018 Numerator Denominator Quick Ratio 2019 2018 Numerator Denominator Cash Flow Ratio 2019 2018 Numerator Denominator
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