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The following information pertains to Novak Corp.. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were

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The following information pertains to Novak Corp.. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credim Assets 56000 Cash and short-term investments 31000 Accounts receivable (net) 23000 Inventory 242000 Property, plant and equipment $352000 Total Assets Liabilities and Stockholders' Equity 52000 Current liabilities 85000 Long-term liabilities 215000 Stockholders' equity-common $$352000 Total Liabilities and Stockholders' Equity Income Statement $76000 Sales revenue 53000 Cost of goods sold 23000 Gross profit 20000 Operating expenses $ 3000 Net income 16000 Number of shares of common stock $15 Market price of common stock Dividends per share on common stock Cost of goods sold 53000 Gross profit 23000 Operating expenses 20000 Net income $3000 Number of shares of common stock 16000 Market price of common stock $15 Dividends per share on common stock 9 Cash provided by operations $40000 ratio for this company? What is the current 2 2.12 OOC

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