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XYZ provided the following financial information: XYZ Balance Sheet As of 12/31/19 Assets: Liabilities and Equity: Cash and marketable securities $26,660 Accounts payable and accruals
XYZ provided the following financial information: XYZ Balance Sheet As of 12/31/19 Assets: Liabilities and Equity: Cash and marketable securities $26,660 Accounts payable and accruals $152,725 Accounts receivable $142,962 Short-term notes payable $21,671 Inventory $215,065 Total current liabilities $174,396 Total current assets $384,687 Long term debt $155,510 Net plant and equipment $604,193 Total liabilities $329,906 Goodwill and other assets $42,422 Common stock $314,089 Retained earnings $387,307 Total assets $1,031,302 Total liabilities and equity $1,031,302 In addition, it was reported that the firm had a net income of: $158,684 and net sales of: $4,342,097 Calculate the following ratios for this firm (Use 365 days for calculation. Round answers to 2 decimal places, e.g. 5 Current Ratio times Quick Ratio times Average Collection Period days Total Asset Turnover times Fixed Asset Turnover times
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