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Questions 9 thru 12 use the following data: Color shows given data Cash Current Liabilities Accounts receivable Bonds Payable Total Liabilities Inventories Total Current Common
Questions 9 thru 12 use the following data: Color shows given data Cash Current Liabilities Accounts receivable Bonds Payable Total Liabilities Inventories Total Current Common Stock Fixed Assets Total Assest 325,000 Total Liabilities and Equity Sales Cost of Goods Sold Debt to total assets Quick Ratio Total asset Turnover Fixed Asset Turnover Current Ratio avg. Collection Period 60% 1.1 5X 12.037 16.837 days all sales on credit and use a 360 day year. Points 4% 19 What is annual sales figure? 19 What are current liabilities? 4% 21 How much cash does the company report? 4% 22 What are the fixed assets
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