Assets Accounts 2021 2022 Cash $45.00 $50.00 A/R $22…

Assets Accounts 2021 2022 Cash $45.00 $50.00 A/R $227.00 $229.00 Inventory $327.00 $109.00 Total $599.00 $388.00 Net Fixed Assets $1,000.00 $1,200.00 Total Assets $1,599.00 $1,588.00 Liabilities Accounts 2021 2022 Accounts Payable $256.00 $388.00 Notes Payable $150.00 $125.00 Total $406.00 $513.00 Long-Term Debt $500.00 $750.00 Common Stock $400.00 $400.00 Retained Earnings $293.00 -$75.00 Total Liabilities $1,599.00 $1,588.00 Sales Accounts 2021 2022 Sales   $1,456.00 Cost of Goods Sold   $1,164.80 Depreciation   $200.00 EBIT   $91.20 Interest   $40.00 Taxes   $36.48 Net Income   $14.72 Questions What is the Inventory Turnover? [1] What is the AR Turnover? [2] What is the AP Turnover? [3] What is the Inventory Period? [4] What is the AR Period? [5] How long is the Operating Cycle? [6] How long is the Cash Cycle? [7] What is Net Working Capital for 2022? [8]