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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 2021 2022 Sales $3,169.00 Cost of Assets $2,535.20 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 Assets $1,000.00 $1,200.00 Total $1,502.00 $1,832.00 Assets Question Set 1 (2 points each, 18 points total) 1. What is the Current Ratio for 2022? Liabilities 2021 2022 2. What is the quick ratio for 2022? $153.00 $294.00 3. What is the Times Interest Earned for 2022? Accounts Payable Notes Payable $150.00 $125.00 Total $303.00 $419.00 4. What is the Debt to Equity ratio for 2022? Long-Term Debt $500.00 $750.00 Common Stock 5. What is the Profit Margin for 2022? Please share your final answer as a percentage rounded to 2 decimal places. $400.00 $400.00 Retained Earnings $299.00 $263.00 6. What is the Total Asset Turnover for 2022? Total Liabilities $1,502.00 $1,832.00 7. What is the Equity Multiplier for 2022?
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