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Use the Leno Co. financial data given below to answer the following 3 questions: 8. What is the value of Accounts Receivables? (use the financial

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Use the Leno Co. financial data given below to answer the following 3 questions:

8. What is the value of Accounts Receivables? (use the financial data above) *

$ 2,000

$ 3,000

$ 33,000

$ 13,000

None of the above

9. What is the inventory level? (use the financial data above) *

$ 3,000

$ 2,300

$ 3,800

$ 1,000

None of the above

10. What is the value of common equity? (use the financial data above) *

$ 12,800

$ 1,200

$ 1,250

$ 1,275

None of the above

Use the Leno Co. financial data given below to answer the following 3 questions: Value Ratios Total Assets Turnover Fixed Assets Turnover DSO (Year is 360 days) Quick Ratio Return on Assets 3 5 24 1 12% Total Assets Cash $ 1,000 A/R ?? Inventories ?? Fixed Assets Total Assets $ 10,000 Total liabilities and equity Accounts payable ?? Long-term debt $ 4,000 Common equity ?? Retained Earnings $ 1,750 Total liabilities and equity ?? ?? Sales

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