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Toble 3 Financial Data for Dooley Sportswear December 31, 2013 Inventory $206,250 Long-term debt 300,000 Interest expense 5.000 Accumulated depreciation 442.500 Cash 180.000 Net sales
Toble 3 Financial Data for Dooley Sportswear December 31, 2013 Inventory $206,250 Long-term debt 300,000 Interest expense 5.000 Accumulated depreciation 442.500 Cash 180.000 Net sales (all credit 1.500.000 Common stock 800.000 Accounts receivable 225.000 Operating expenses 525.000 Notes payable current 187.500 Cost of goods sold 937.500 Plant and equipment 1,312,500 Accounts payable 168,750 Marketable securities 95,000 Prepaid insurance 80,000 Accrued wages 65,000 Retained earnings current year Federal income taxes 5750 From the information presented in Table 3, calculate the following: a)Gross Profit b)Operating profit c)Net profit d)Total Assets e) Total Equity Working Capital e)Times interest Earned Days sales in inventory g)Average Collection period h)Operating retun on Assets
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