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When inputting an answer, round your answer to the nearest 4 decimal places. If you need to use a calculated number for further calculations,
When inputting an answer, round your answer to the nearest 4 decimal places. If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to 4 decimal places unless otherwise stated. Sales Sales 2021 2022 $3,169.00 Cost of $2,535.20 Assets Goods Sold 2021 2022 Depreciation $200.00 Cash $45.00 $50.00 EBIT $433.80 A/R $337.00 $341.00 Interest $40.00 Inventory $120.00 $241.00 Taxes $173.52 Total $502.00 $632.00 Net Income $220.28 Net Fixed $1,000.00 $1,200.00 Assets Total $1,502.00 $1,832.00 Assets $153.00 $294.00 Liabilities 2021 2022 Accounts Payable Notes Payable $150.00 $125.00 Total $303.00 $419.00 Long-Term Debt $500.00 $750.00 Common Stock Retained Earnings $400.00 $400.00 $299.00 $263.00 Total Liabilities $1,502.00 $1,832.00 Question Set 2 (2 points each, 16 points total) 1. What is the Inventory Turnover? 2. What is the AR Turnover? 3. What is the AP Turnover? 4. What is the Inventory Period? 5. What is the AR Period? 6. What is the Operating Cycle? 7. What is the Cash Cycle? 8. What is Net Working Capital for 2022? Please share your answer as a dollar amount with 2 decimal places.
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