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Question 15 XYZ provided the following financial information: XYZ Balance Sheet As of 12/31/19 Assets: Liabilities and Equity: Cash and marketable securities $26,525 Accounts payable
Question 15 XYZ provided the following financial information: XYZ Balance Sheet As of 12/31/19 Assets: Liabilities and Equity: Cash and marketable securities $26,525 Accounts payable and accruals $154,368 Accounts receivable $143,827 Short-term notes payable $22,219 Inventory $212,866 Total current liabilities $ 176,587 Total current assets $383,218 Long term debt $155,510 Net plant and equipment $603,427 Total liabilities $332,097 Goodwill and other assets $42,422 Common stock $314,683 Retained earnings $382,287 Total assets $1,029,067 Total liabilities and equity $1,029,067 In addition, it was reported that the firm had a net income of: $158,232 and net sales of: $4,305,474 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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