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The financial statements for Castlle Products, Incorporated, are given below: Account balances at the beginning of the year were: accounts recelvable, $140.000; and inventory, $290,000.

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The financial statements for Castlle Products, Incorporated, are given below: Account balances at the beginning of the year were: accounts recelvable, $140.000; and inventory, $290,000. All sales were on account Assets at the beginning of the year totaled $1,050,000. and the stockhoiders equity totaled $725,000. Required: Compute the following Note: For Requirements 1 to 4 , enter your percentage onswers rounded to 2 decimal places (le, 0.1234 should be entered as 1234 )

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