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Round 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|}{2015} &
Round 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|}{2015} & \multicolumn{1}{|c|}{ 2016 } \\ \hline \multicolumn{1}{|c|}{ Assets } & & \\ \hline Cash & $45.00 & $50.00 \\ \hline A/R & $201.00 & $141.00 \\ \hline Inventory & $188.00 & $160.00 \\ \hline \multicolumn{1}{|c|}{ Total Assets } & $1,434.00 & $1,551.00 \\ \hline \multicolumn{1}{|c|}{ Liabilities } & & \\ \hline Net Fixed Assets & $1,000.00 & $1,200.00 \\ \hline Notes Payable & $150.00 & $125.00 \\ \hline & $532.00 & $327.00 \\ \hline Long-Term Debt & $500.00 & $750.00 \\ \hline Common Stock & $400.00 & $400.00 \\ \hline Retained Earnings & $2.00 & $74.00 \\ \hline \multicolumn{1}{|c|}{ Total Liabilities } & $1,434.00 & $1,551.00 \\ \hline \multicolumn{1}{|c|}{ Sales } & & \\ \hline Sales & & \\ \hline Cost of Goods Sold & & $1,596.00 \\ \hline Depreciation & & $1,276.80 \\ \hline EBIT & & $200.00 \\ \hline Interest & & $119.20 \\ \hline Taxes & & $47.00 \\ \hline Net Income & $31.52 \\ \hline \end{tabular}Step by Step Solution
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