ACC 205 – Ashford – Week 5 Assignment – Chapter 9 Problem 2 (May-June)
I need help with the

final ratios at the bottom please. I’ve been trying to work these ratios and can’t get them right. Help would be appreciated!

assets	20X2	20X1
current assets
cash and short term investments	3,400	3,000
accounts receivable (net)	6,000	4,800
inventories	5,000	4,600
total current assets	14,400	12,400
land	4,700	3,000
buildings and equipment	4,500	3,400
total property, plant and equipment	9,200	6,400
total assets	23,600	18,800
accounts payable	4,800	4,100
notes payable	4,100	4,300
total current liabilities	5,900	6,000
bonds payable	7,100	4,500
total liabilities	13,000	10,500
common stock par value $1	3,200	2,600
number of shares	3,200	2,600
retained earnings	7,400	5,700
total stockholds equity	10,600	8,300
total liabilities and stockholders equity	2,360	18,800
net sales	45,000
quick ratio	1.59
current ratio	2.44
inventory-turnover ratio	?
accounts receivable turnover ratio	8.33
return on assets ratio	0.44
net profit margin ratio	?
return on common stockholders equity	0.99
det to total assets	0.55
number of times that interest is	?

ACC 205 – Ashford – Week 5 Assignment – Chapter 9 Problem 2 (May-June)