Question 12 of 13 2021 2020 Cash $55,500 $48,000 Accounts receivable (net) 104,500 62.000 92,500 108,000 Inventories Plant assets (net) 380,000 325.000 55,000 39,000 12,000 5,000 68,500 71.000 Accounts payable Salaries and wages payable Bonds payable 8% Preferred stock, $40 par Common stock. $10 par Paid-in capital in excess of par Retained earnings 100,000 100,000 120,000 90,000 85.000 65.000 192.000 173,000 1.000.000 Net credit sales Cost of goods sold Net income 735,000 85,000 Community Banks.xlsx Isxle_ppt_ch14.ppt Landlord-Informa pdf MacBook Air 30 DOO DOO F3 F Question 12 of 13 1,000,000 Net credit sales Cost of goods sold Net income 735,000 85,000 Compute the following ratios: (Round answers to 2 decimal places eg. 15.25) (a) Acid-test ratio at 12/31/21 : 1 (b) Accounts receivable turnover in 2021 times (c) Inventory turnover in 2021 times (d) Profit margin on sales in 2021 96 (e) Return on common stockholders' equity in 2021 (1 Book value per share of common stock at 12/31/21 $ e Textbook and Media Community Banks.xlsx Isxle.ppt_ch14.ppt Landlord-Informa....pdf MacBook Air