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Question 12 (4 points) The following information relates to the balance sheet of XYZ company at December 31,2017. . Current ratio 2:1 (2 by 1)

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Question 12 (4 points) The following information relates to the balance sheet of XYZ company at December 31,2017. . Current ratio 2:1 (2 by 1) Payable turnover 3 times Fixed asset turnover 4 times Cash $15.000 Account receivable $40.000 Accounts Payable is the only current liability . Fixed asset for XYZ company will be equal to a) 162,000 b) 90.000 c) 72.000 d) 17.000

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