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Please refer to the following financial information: What is the current ratio? What are the inventory turns? What are the days payables? What is the
Please refer to the following financial information:
What is the current ratio? What are the inventory turns? What are the days payables? What is the gross profit margin percentage? What is the operating profit margin percentage? What is the companys Return on Assets?
Fictishus Inc. Balance Sheet As of December 31, 2019 ASSETS LIABILITIES AND SHAREHOLDERS EQUITY Current Assets Current Liabilities Cash 600 Accounts Payable Accounts Receivable 400 Notes Payable Inventory 1,400 Total Current Liabilities Investments 1,200 Long Term Debt Total Current Assets 3,600 TOTAL LIABILITIES Capital Expenditures 300 TOTAL ASSETS 3,900 Shareholders Equity Common Stock Note: Working Capital = (A/R + Inv-A/P) 800 200 1,000 2.800 3,800 100 Select 2019 Income Statement information: Revenue: $8,000 Cost of Goods Sold: $4,800 Sales Expense: $1,000 Depreciation: $600 Net Income: $800Step by Step Solution
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