answer numbers 2,3,4,6 (In Pesos)Annual Credit Sales1,800,000Cash32,720Gross Profit Margin25%Marketable Sec.25,000Inventory Turnover6Accounts Receivable1. ?No. of days in a year365Inventories2. ?Average Collection Period45 daysTotal Current Assets3. ?Current Ratio1.6Net Fixed Assets4. ?Total Asset Turnover Ratio1.2Total Assets5. ?Debt ratio60%Accounts Payable120,000Notes Payable6. ?Accruals20,000Gross Profit7. ?Total Current Liabilities8. ?Long Term Debt9. ?*ALL SALES ARE CREDITStockholders' Equity600,000SALESTotal Liab, And Equity10. ?

In the given question, various ratios are given. With the help of these ratios, we will compute the…

Answered: answer numbers 2,3,4,6

Business

Accounting

answer numbers 2,3,4,6

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 19P

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