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Use the Leno Co, financial data given below to answer the following 3 questions: Ratios Total Assets Turnover Fixed Assets Turnov DO Yaris 360 days
Use the Leno Co, financial data given below to answer the following 3 questions: Ratios Total Assets Turnover Fixed Assets Turnov DO Yaris 360 days Quick Ratio Return on Auets 0.6 5 12 3 BN Total Assets Total liabilities and equity C 52.000 Accounts payabile 77 AR 72 long-term debit $ 4.000 Inventories 77 Common equity 77 Fixed As 22 Retained Earnings $ 1,750 Total Assets 20.000 Totalities and equity 77 Sales 17. What is the sales level? (use the financial data above) $ 12,000 $ 2,600 $ 4,000 $ 1,600 O None of the above 18. What is the inventory level? (use the financial data above) * O $ 15,200 O $ 12,300 $ 5,160 O $ 5,750 None of the above 19. What is the value of Accounts Payable? (use the financial data above) * $ 408 $ 800 $ 2,375 - $ 3,800 O None of the above
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