Balance sheet bf Pa Pacific Corporation Balance Sheets December 31, 2017 and 2016 (amounts in thousands) 2017 2016 the Assets your Inv Current assets: Cash $ 1,720 $ 1,500 2,700 Accounts receivables Inventory 2,300 760 1,740 1,700 3,210 Other current assets Total current assets $ 7,480 $ 19,500 8,150 17,500 Other assets Total assets $ 26,980 $ 25,650 Liabilities Total current liabilities $ 8,500 $ 7,500 bf Current assets: Cash 1,500 1,740 Accounts receivables Inventory $ 1,720 $ 2,700 2,300 760 1,700 3,210 Other current assets Total current assets $ you 7,480 $ 19,500 8,150 17,500 Other assets $ 26,980 $ 25,650 Total assets Liabilities Total current liabilities $ $ 8,500 $ 3,980 7,500 2,650 Long-term liabilities Total liabilities $ 12,480 $ 10,150 Stockholders' equity Total common stockholders' equity 14,500 15,500 $ 26,980 $ Total liabilities and equity 25,650 ding. Its stock has Income statement standir Pacific Corporation Income Statement For the Year Ended December 31, 2017 ver on the next lind Int. Rou (amounts in thousands) I! Inventory tu 2017 = $ 13,505 5,600 Sales revenue Less: Cost of goods sold Gross profit Less: Operating expenses Operating income 7,905 3,005 4,900 200 Less: Interest expense Income before income taxes 4,700 2,150 Less: Income tax expense $ Net income 2,550 - Requirement in the ne und your Inven Calculate the following ratios for 2017 and interpret the results: a. Inventory turnover b. Days' sales in receivables c. Acid-test ratio d. Times-interest-earned e. Gross profit percentage f. Operating income percentage g. Return on stockholders' equity h. Earnings per share i. Pricelearnings ratio Two pois O Points: 0 of 1 Save Pacific Corporation ported these for the con the beshet) the icon to view income staan Pace Corporate 3.600.000 shares of common block oftanding is ook has trade reo 8.50 per share you would lie to nieruncang of Pacioto's poston Asume al sales are on crudt and the Inventary tumo Enter the forms on the frotine, then they turnover on the interamente powded to your art Hund your answer in all Inn OP 33106 poets me the conteve Pace Companion 1.000.000 kr. stock has dedocenty $200 persona nding of Pedro Corrado A. . + the one in the catenemover on the rest in the to you in the protest Red your