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Stark Company's most recent balance sheet reported total assets of $170 million, total liabilities of $0.90 million, and total equity of $0.80 million. Its Debt

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Stark Company's most recent balance sheet reported total assets of $170 million, total liabilities of $0.90 million, and total equity of $0.80 million. Its Debt to equity ratio is Multiple Choice 0.53 047 0.89 NSA Sche Savod Help Save & Exit Sub Multiple Choice 0.53 047 0.89 113 100 Powers Company reported net sales of $1,220,000, average Accounts Receivable, net of $76,500, and net income of $51,875. The accounts receivable turnover ratio is Multiple Choice 063 times 14.9 times 29.9 times 0.63 times. 14.9 times. 29.9 times. 15.9 times. 16.9 times Refer to the following selected financial information from Phantom Corp. Compute the company's days' sales in inventory for Year 2 (Use 365 days a year.) Year 2 Year 1 Merchandise inventory Cost of goods sold 277,e00 259,500 480,400 427,100 Multiple Choice 210.5 2367 210.5 2367 221.8 1972 215.8

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