Question 15

XYZ provided the following financial information:

XYZ Balance Sheet As of 12/31/19
Assets:				Liabilities and Equity:
Cash and marketable securities		$26,763		Accounts payable and accruals		$153,655
Accounts receivable		$142,568		Short-term notes payable		$23,627
Inventory		$213,250		Total current liabilities		$177,282
Total current assets		$382,581		Long term debt		$155,510
Net plant and equipment		$601,663		Total liabilities		$332,792
Goodwill and other assets		$42,422		Common stock		$313,661
				Retained earnings		$380,213
Total assets		$1,026,666		Total liabilities and equity		$1,026,666

In addition, it was reported that the firm had a net income of:		$156,507
and net sales of:		$4,269,445

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