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The 2014 entry for accounts payable is $______. ( i already know the answer is 40,5000 i need to know how to do it) The

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The 2014 entry for accounts payable is $______. ( i already know the answer is 40,5000 i need to know how to do it)

The operating profit margin in 2014 was ______%, ( i already know the answer is 30.00 i need to know how to do it)

The quick ratio in 2014 was ______. ( i already know the answer is 1.53 i need to know how to do it)

USE THE FINANCIAL DATA BELOW TO ANSWER QUESTIONS 2-8 2014 2013 16,200 48,60044,500 24,30016,200 81,00098,000 64,80081,000 56,70064,800 Category Accounts payable Accounts receivable Accruals Cash Common Stock COGS 0 4,050 Depreciation expense Gross fixed assets Interest expense 121,500145,800 8,100 40,50060,800 81,00089,100 101,500121,500 44,80037,200 Operating expenses (excl. depr.) 12,10016,200 40,50060,800 105,300121,500 6,480 6,400 Inventories Long-term debt Net fixed assets Notes payable Retained earnings Sales Taxes 4,860

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