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Round answer to 4 decimal places What is the Inventory Turnover? What is the AR Turnover? What is the AP Turnover? begin{tabular}{|l|r|r|} hline multicolumn{1}{|c|}{ Assets
Round answer to 4 decimal places
What is the Inventory Turnover? What is the AR Turnover? What is the AP Turnover? \begin{tabular}{|l|r|r|} \hline \multicolumn{1}{|c|}{ Assets } & \multicolumn{1}{|c|}{2015} & \multicolumn{1}{c|}{2016} \\ \hline \multicolumn{1}{|c|}{ Total } & $45.00 & $50.00 \\ \hline Cash & $307.00 & $269.00 \\ \hline A/R & $134.00 & $255.00 \\ \hline Inventory & $1,000.00 & $1,200.00 \\ \hline Total Assets & $1,486.00 & $1,774.00 \\ \hline Net Fixed Assets & & \\ \hline \multicolumn{1}{|c|}{ Liabilities } & & \\ \hline Accounts Payable & $144.00 & $280.00 \\ \hline Notes Payable & $150.00 & $125.00 \\ \hline & $294.00 & $405.00 \\ \hline Long-Term Debt & $500.00 & $750.00 \\ \hline Common Stock & $400.00 & $400.00 \\ \hline Retained Earnings & $292.00 & $219.00 \\ \hline \multicolumn{1}{|c|}{ Total Liabilities } & $1,486.00 & $1,774.00 \\ \hline & & \\ \hline \multicolumn{1}{|c|}{ Sales } & & \\ \hline Sales & & $3,660.00 \\ \hline Cost of Goods Sold & & $2,928.00 \\ \hline Depreciation & & $200.00 \\ \hline EBIT & & $532.00 \\ \hline Interest & & $40.00 \\ \hline Taxes & & $212.80 \\ \hline Net Income & & $279.20 \\ \hline \end{tabular}Step by Step Solution
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