quick please

15 16 17 The following information related to Blanton Corporation Income Statement information - for the year ending December 31, 2020: Net Sales 85 points Cost of Goods Sold $5,568,122 Interest expense Income tax expense Total operating expenses Balance sheet information - December 31: 2,122 248 248,256 685,442 1,700,000 Cash and short-term investments Accounts Receivable (net) Inventories Prepaid Expenses and other current assets Current portion of long term debt Accounts payable Dividends Payable Income taxes payable Bond payable Statement of Cash Flow information - for the year ending December 31, 2020 Cash Flows from Operating Activates Cash Flows from Financing Activities 2020 2019 $789,215 $621,842 388,245 442,268 257,217 242,258 169,568 293,139 181,672 145,135 288,286 376,562 254,216 268,850 312,423 213,285 978,456 745,855 $664,268 1,282,523 Required: Use the above information to calculate the following for Blanton Corporation 1. Operating Cash Flow to Current Liabilities ratio in 2020 (Comment on this result is it good or bad, why?) or the year ending December 31, 2020: Cash Flows from Operating Activates Cash Flows from Financing Activities Required: Use the above information to calculate the following for Blanton Corporation 1. Operating Cash Flow to Current Liabilities ratio in 2020. (Comment on this result, is it good or bad, why?) 2. Day's inventory outstanding at the end of 2020. 3. Days accounts payable outstanding at the end of 2020. 4. 2020 accounts payable Turnover ratio. 5. Interest Coverage Ratio at the end of 2020. (Comment on this result, is it the higher the better or vice versa? Why?) Note: Show your calculations clearly. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B US Paragraph Arial 10pt :S E A 2 I V *