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]

Assets Accounts 2021 2022 Cash $45.00 $50.00 A/R $30…

Assets Accounts 2021 2022 Cash $45.00 $50.00 A/R $306.00 $385.00 Inventory $335.00 $374.00 Total $686.00 $809.00 Net Fixed Assets $1,000.00 $1,200.00 Total Assets $1,686.00 $2,009.00 Liabilities Accounts 2021 2022 Accounts Payable $232.00 $215.00 Notes Payable $150.00 $125.00 Total $382.00 $340.00 Long-Term Debt $500.00 $750.00 Common Stock $400.00 $400.00 Retained Earnings $404.00 $519.00 Total Liabilities $1,686.00 $2,009.00 Sales Accounts 2021 2022 Sales   $3,159.00 Cost of Goods Sold   $2,527.20 Depreciation   $200.00 EBIT   $431.80 Interest   $40.00 Taxes   $172.72 Net Income   $219.08 Questions What is the Current Ratio for 2022? [1] What is the Quick Ratio for 2022? [2] What is the Times Interest Earned (TIE) for 2022? [3] What is the Debt to Equity (D/E) Ratio for 2021? [4] What is the Debt to Equity (D/E) Ratio for 2022? [5] What is the Profit Margin (PM) for 2022? [6] What is the Total Asset Turnover (TAT) for 2022? [7] What is the Equity Multiplier (EM) for 2022? [8] What is the Return on Equity (ROE) for 2022? [9] What is the Return on Assets (ROA) for 2022? [10]

Assets Accounts 2021 2022 Cash $45.00 $50.00 A/R $14…

Assets Accounts 2021 2022 Cash $45.00 $50.00 A/R $143.00 $123.00 Inventory $283.00 $388.00 Total $471.00 $561.00 Net Fixed Assets $1,000.00 $1,200.00 Total Assets $1,471.00 $1,761.00 Liabilities Accounts 2021 2022 Accounts Payable $151.00 $166.00 Notes Payable $150.00 $125.00 Total $301.00 $291.00 Long-Term Debt $500.00 $750.00 Common Stock $400.00 $400.00 Retained Earnings $270.00 $320.00 Total Liabilities $1,471.00 $1,761.00 Sales Accounts 2021 2022 Sales   $2,016.00 Cost of Goods Sold   $1,612.80 Depreciation   $200.00 EBIT   $203.20 Interest   $40.00 Taxes   $81.28 Net Income   $81.92 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]

Assets Accounts 2021 2022 Cash $45.00 $50.00 A/R $35…

Assets Accounts 2021 2022 Cash $45.00 $50.00 A/R $351.00 $375.00 Inventory $135.00 $141.00 Total $531.00 $566.00 Net Fixed Assets $1,000.00 $1,200.00 Total Assets $1,531.00 $1,766.00 Liabilities Accounts 2021 2022 Accounts Payable $394.00 $364.00 Notes Payable $150.00 $125.00 Total $544.00 $489.00 Long-Term Debt $500.00 $750.00 Common Stock $400.00 $400.00 Retained Earnings $87.00 $127.00 Total Liabilities $1,531.00 $1,766.00 Sales Accounts 2021 2022 Sales   $4,000.00 Cost of Goods Sold   $3,200.00 Depreciation   $200.00 EBIT   $600.00 Interest   $40.00 Taxes   $240.00 Net Income   $320.00 Questions What is the Current Ratio for 2022? [1] What is the Quick Ratio for 2022? [2] What is the Times Interest Earned (TIE) for 2022? [3] What is the Debt to Equity (D/E) Ratio for 2021? [4] What is the Debt to Equity (D/E) Ratio for 2022? [5] What is the Profit Margin (PM) for 2022? [6] What is the Total Asset Turnover (TAT) for 2022? [7] What is the Equity Multiplier (EM) for 2022? [8] What is the Return on Equity (ROE) for 2022? [9] What is the Return on Assets (ROA) for 2022? [10]