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Question 27 (5 points) Saved Net Credit Sales Cost of Goods Sold Operating expenses interest and other expenses 500,000 300,000 75,000 25,000 Inventory at beginning

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Question 27 (5 points) Saved Net Credit Sales Cost of Goods Sold Operating expenses interest and other expenses 500,000 300,000 75,000 25,000 Inventory at beginning of year Inventory at end of year 38,356 43,836 Stock price Weighted average number of shares 500,000 Total Assets 750,000 Total Liabilities 500,000 Current Assets 200,000 Current Liabilities 150,000 Using the above information, what is the current ratio? Round to two decimal places. A Question 28 (5 points) Net Credit Sales Cost of Goods Sold Operating expenses interest and other expenses 500,000 300,000 75,000 25,000 Inventory at beginning of year Inventory at end of year 38,356 43,836 Stock price Weighted average number of shares 500,000 Total Assets 750,000 Total Liabilities 500,000 Current Assets 200,000 Current Liabilities 150,000 Using the above information, what is the debt ratio? Round to two decimal places. 4 A/

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