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You are given the following selected financial information for The Blatz Corporation. Income Statement Balance Sheet COGS $750 Cash $250 Net Income $160 Net Fixed

  1. You are given the following selected financial information for The Blatz Corporation.

Income Statement Balance Sheet

COGS $750 Cash $250

Net Income $160 Net Fixed Assets $850

Ratios

Net Profit Margin 10%

Current Ratio 2.3

Inventory Turnover 12,8

ACP 45 days

Debt Ratio 49.12%

Calculate accounts receivable, inventory, current assets, total assets, current liabilities, long-term debt, equity, ROA, and ROE.

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