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XYZ Balance Sheet As of 12/31/19 Liabilities and Equity: $26,497 Accounts payable and accruals Assets: $152,383 $142,219 $23,080 $215,249 Cash and marketable securities Accounts receivable
XYZ Balance Sheet As of 12/31/19 Liabilities and Equity: $26,497 Accounts payable and accruals Assets: $152,383 $142,219 $23,080 $215,249 Cash and marketable securities Accounts receivable Inventory Total current assets Net plant and equipment Goodwill and other assets Short-term notes payable Total current liabilities Long term debt $175,463 $383,965 $155,510 $600,851 Total liabilities $330,973 $42,422 $314,467 Common stock Retained earnings Total liabilities and equity $381,798 Total assets $1,027,238 $1,027,238 $155,736 In addition, it was reported that the firm had a net income of: and net sales of: $4,347,871 Calculate the following ratios for this firm (Use 365 days for calculation. Round answers to 2 decimal places, eg. 52.75.): Calculate the following ratios for this firm (Use 365 days for calculation. Round answers to 2 decimal places, e.g. 52.75.): Current Ratio times Quick Ratio times Average Collection Period days Total Asset Turnover times Fixed Asset Turnover times
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