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What is the: 2018 days in inventory, 2018 inventory turnover ratio, current ratio at 12/31/18, 2018 receivables turnover ratio, 12/31/18 debt to total assets ratio,
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2018 days in inventory, 2018 inventory turnover ratio, current ratio at 12/31/18, 2018 receivables turnover ratio, 12/31/18 debt to total assets ratio, 2018 earnings per share, and 2018 gross profit ratio?
Cornerstone Co. Income Statement Accounts For Year Ended 12/31/18 Insurance Expense $60 Interest Expense 32 Cost of Goods Sold 1,500 Rent Revenue 25 Net Sales Revenue 2,000 Tax Expense 27 Other Information 2018 Dividends to Common Shareholders $40 2018 Dividends to Preferred Shareholders $200 -2018 Common Shares outstanding 100sh 2018 Preferred Shares outstanding 50sh 2018 Stock Price $100 All Sales on credit Cornerstone Co. Balance Sheet Accounts 12/31/17 12/31/18 Bonds Payable $2,100 $2,100 Cash 400 392 Accounts Receivable 145 128 Preferred Stock 500 500 Accounts Payable 244 250 3,285 Land 3,285 Common Stock 1,200 1,200 Inventory 480 520 Retained Earnings 320 400 Unearned Rent Revenue (to be earned in 2 months) 40 28 Prepaid Insurance (3-month policy) 114 173 Taxes Payable 20 20Step by Step Solution
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