Use the following Balance Sheet to calculate Leverage as it is calculated in Capsim. (show calculations) What actions can this team take next round to get Leverage within the acceptable range of 1.8 to 2.8? ASSETS 2015 Cash 2016 Common Size 0.0% 12.7% 31.9% 44.6% $0 $13,450 $33,759 Account Receivable $0 $20,343 S45,344 $65,687 Inventory Total Current Assets $47,209 $98,800 ($40,187) 93.4% -38.0% 55.4% Plant & Equipment Accumulated Depreciation Total Fixed Assets Total Assets LIABILITIES & OWNER'S EQUITY $122,000 ($53,653) $68,347 $134,033 $58,613 $105,822 100.0% Accounts Payable Current Debt Long Term Debt Total Liabilities $5,057 $21,680 $54,678 4.8% 20.5% 51.7% $9,936 $34,524 $52,350 $96,810 $81,415 76.9% $20,360 $4,047 19.2% 3.8% Common Stock Retained Earnings Total Equity Total Liab. & O. Equity $20,360 S16,864 $37,224 $134,033 $24,407 $105,822 23.1% 100.0% Use the following Balance Sheet to calculate Leverage as it is calculated in Capsim. (show calculations) What actions can this team take next round to get Leverage within the acceptable range of 1.8 to 2.8? ASSETS 2015 Cash 2016 Common Size 0.0% 12.7% 31.9% 44.6% $0 $13,450 $33,759 Account Receivable $0 $20,343 S45,344 $65,687 Inventory Total Current Assets $47,209 $98,800 ($40,187) 93.4% -38.0% 55.4% Plant & Equipment Accumulated Depreciation Total Fixed Assets Total Assets LIABILITIES & OWNER'S EQUITY $122,000 ($53,653) $68,347 $134,033 $58,613 $105,822 100.0% Accounts Payable Current Debt Long Term Debt Total Liabilities $5,057 $21,680 $54,678 4.8% 20.5% 51.7% $9,936 $34,524 $52,350 $96,810 $81,415 76.9% $20,360 $4,047 19.2% 3.8% Common Stock Retained Earnings Total Equity Total Liab. & O. Equity $20,360 S16,864 $37,224 $134,033 $24,407 $105,822 23.1% 100.0%