Number of shares outstanding $15000 Average Collection Period 60Sales $1,800,000 Accounts
Number of shares outstanding $15000 Average Collection Period 60Sales $1,800,000 Accounts
Payable Days 30
Gross Profit Margin 10% Retained Earnings (2015) $237,000
Inventory Turnover Ratio 10 Dividend Payout Ratio 60%
Notes Payable $75000 Accruals $40000
Net Profit Margin 15% Current Ratio 1.5
Return on Assets 20% Debt Ratio 40%
Credit Sales are 60%(remainder is cash)
cash? NP? Common Stock($2 par value)?
AR? AP? Capital Surplus?
Inventory? Accruals? Retained Earnings?
Net Fixed Assets? Long-term debt? Total Liabilities?
Total Assets?
PLEASE ANSWER IN DETAIL. THX!!!!!!