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Question 15 XYZ provided the following financial information: Assets: Cash and marketable securities Accounts receivable Inventory Total current assets XYZ Balance Sheet As of 12/31/19
Question 15 XYZ provided the following financial information: Assets: Cash and marketable securities Accounts receivable Inventory Total current assets XYZ Balance Sheet As of 12/31/19 Liabilities and Equity: $25,834 Accounts payable and accruals $143,331 Short-term notes payable $212,725 Total current liabilities $381,890 Long term debt $604,720 Total liabilities $42,422 Common stock $152,103 $20,001 $172,104 Net plant and equipment Goodwill and other assets $155,510 $327,614 $312,523 $388,895 Retained earnings Total liabilities and equity Total assets $1,029,032 $1,029,032 net income of: In addition, it was reported that the firm had and net sales of: $158,725 $4,293,954 Calculate the following ratios for this firm (Use 365 days for calculation. Round answers to 2 decimal places, e.g. 52.75.): Current Ratio times Quick Ratio times Average Collection Period days Total Asset Turnover times Fixed Asset Turnover times
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