- Xyz Provided The Following Financial Information Xyz Balance Sheet As Of 12 31 19 Assets Liabilities And Equity Cash 1 (58.29 KiB) Viewed 27 times
XYZ provided the following financial information: XYZ Balance Sheet As of 12/31/19 Assets: Liabilities and Equity: Cash and marketable securities $26,568 Accounts payable and accruals $154,336 Accounts receivable $143,127 Short-term notes payable $20,879 Inventory $212,424 Total current liabilities $175,215 Total current assets $382,119 Long term debt $155,510 Net plant and equipment $602,732 Total liabilities $330,725 Goodwill and other assets $42,422 Common stock $313,828 Retained earnings $382,720 Total assets $1,027,273 Total liabilities and equity $1,027,273 In addition, it was reported that the firm had a net income of: $158,141 and net sales of: $4,328,867 Calculate the following ratios for this firm (Use 365 days for calculation. Round answers to 2 decimal places, e.g. 52.75.): Current Ratio times Quick Ratio times Average Collection Period days Total Asset Turnover times Fixed Asset Turnover times