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Zeppelin Incorporated reported the following selected financial statement data: Cash Accounts receivable (net) Inventory Plant assets (net) Total assets Liabilities Shareholders' equity Net sales
Zeppelin Incorporated reported the following selected financial statement data: Cash Accounts receivable (net) Inventory Plant assets (net) Total assets Liabilities Shareholders' equity Net sales Cost of goods sold Net income Required: show your work 31-Dec-23 31-Dec-24 $42,000 $50,000 60,000 76,000 80,000 84,000 222,000 242,000 441,000 419,000 157,000 157,000 284,000 262,000 421,000 476,000 232,000 304,000 32,000 49,000 Convert appropriate ratios to percentages. Use two decimal places for all ratios. 1 Compute the receivables turnover ratio for 2024. 2 Compute the inventory turnover ratio for 2024. 3 Compute the asset turnover ratio for 2024. 4 Compute the return on assets for 2024. 5 Compute the return on equity for 2024.
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