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The financial informs below was taken from the annual financial statements of Blossom Videos Question 1 of 4 Current Attempt in Progress The financial information

The financial informs below was taken from the annual financial statements of Blossom Videos
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Question 1 of 4 Current Attempt in Progress The financial information below was taken from the annual financial statements of Blossom Videc Current assets Current liabilities Total liabilities Total assets Net sales Net credit sales Cost of goods sold Inventory Receivables (net) Dividends Capital expenditures > Net income 2014 $95,000 35,200 150,400 420,000 451,200 444,000 44,000 25,600 7,200 12,800 2013 43,200 $94,300 47,600 249,600 246,000 41,800 23,000 157,400 443,000 476,000 467,000 9,800 18,000 34.400 Question 1 of 4 Net income Net cash provided by operating activities 1. Average collection period 2. Current ratio

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