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The balance sheet of Green House, LLP at the end of its most recent fiscal year, displays the following information: In addition, the company reported

  1. The balance sheet ofGreen House,LLP at the end of its most recent fiscal year, displays the following information:

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In addition, the company reported the following:

  • Net income = $156,042
  • Sales = $4,063,589

Determines the following values for the company (5 points):

  1. Current ratio _____________
  2. Quick ratio _____________
  3. Days sales outstanding (DSO) _____________
  4. Total asset turnover ratio _____________
  5. Fixed asset turnover ratio _____________

Assets Liabilities and Stockholders' Equity Accounts payable $ 23,015 $ 163,257 Cash and marketable securities Accounts receivable Inventories Total current assets Notes payable 21,115 141,258 212.444 $ 376,717 $ 184,372 168,022 $ 352,394 313,299 512,159 Net plant and equipment Goodwill and other assets Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total liabilities and stockholders' equity 711,256 89,879 Total assets $1,177,852 $1,177,582

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