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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
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 ROS 10% Current ratio 2.3 Inventory Turnover 6.0 x ACP 45 days Debt ratio 49.12% Calculate accounts receivable, inventory, current assets, current liabilities, debt, equity, ROA, and ROE.
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