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THE MERTZON MINERAL WATER COMPANY HAS THE FOLLOWING FINANCIAL DATA: (in no particular order) SALES $2,500 NET PROFITS $350 INVENTORY $200 FIXED ASSETS $500 BONDS

THE MERTZON MINERAL WATER COMPANY HAS THE FOLLOWING FINANCIAL DATA: (in no particular order)

SALES $2,500 NET PROFITS $350

INVENTORY $200 FIXED ASSETS $500

BONDS $300 CASH $350

ACCOUNTS RECEIVABLE $120 COMMON STOCK $220

ACCOUNTS PAYABLE $200 RETAINED EARNINGS $150

PAID-IN CAPITAL $400 MARKETABLE SEC. $250

NOTES PAYABLE $150 COST OF GOODS SOLD $1,700

# COMMON STOCK SHARES 108 INTEREST $80

EBIT $600 CURRENT STOCK PRICE $55

BASED ON THE INFORMATION ABOVE, CALCULATE THE:

F. AVERAGE COLLECTION PERIOD

G. INVENTORY TURNOVER

H. EPS

I. PRICE/EARNINGS RATIO

J. TIMES INTEREST EARNED

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