Question 14 of 17 7 G The following partial balance sheet and income statement information pertains...

Transcribed Image Text:

Question 14 of 17 7 G The following partial balance sheet and income statement information pertains to Wuckert LLC as of 12/31/2019. U below. Partial Balance Sheet Info. 2020 2019 Cash 63,000 41,000 Short-term Investments 3,900 1,200 Accounts Receivable 14,200 12,500 Inventory 11,000 7,100 TOTAL CURRENT ASSETS 92,100 61,800 Property, Plant, and Equipment 161,000 119,700 TOTAL ASSETS 253,100 181,500 Partial Income Statement Info. 2020 2019 Net Revenue 93,000 71,000 Cost of Goods Sold 37,000 20,000 Net Income PART A 46,000 41,000 ccount from 2019 to 20202 Exper PART A Based on horizontal analyses, what was the percentage increase of the inventory account from 2019 to 2020? Express your answer as a percentage rounded to two decimal places (i.e., X.XX%). % PART B In your vertical analyses for 2020, what percentage did you calculate for Property, Plant, and Equipment? Express your answer as a percentage rounded to two decimal places (i.e., X.XX%). % PART C Calculate the company's Receivables Turnover Ratio for 2020. Express your answer as a decimal rounded to two decimal places (i.e., X.XX). Treasury Warranty Warranty Warranty ChatGP Given Cc $200,00 Accoun Lawsuit Lawsuit In this en income s sheet. Th PART D Calculate the company's Return on Assets Ratio for 2020. Express your answer as a decimal rounded to two decimal places (i.e., X.XX). for the lia Liability' i with a sim a decimal rounded to two decimal places (i.e., X.XX). PART E swer as Calculate the company's Fixed Asset Turnover Ratio for 2020. Express your answer as a decimal rounded to two decimal places (i.e., X.XX). PART F Calculate the company's Inventory Turnover Ratio for 2020. Express your answer as a decimal rounded to two decimal places (i.e., X.XX). Question 15 of 17 P Question 14 of 17 7 G The following partial balance sheet and income statement information pertains to Wuckert LLC as of 12/31/2019. U below. Partial Balance Sheet Info. 2020 2019 Cash 63,000 41,000 Short-term Investments 3,900 1,200 Accounts Receivable 14,200 12,500 Inventory 11,000 7,100 TOTAL CURRENT ASSETS 92,100 61,800 Property, Plant, and Equipment 161,000 119,700 TOTAL ASSETS 253,100 181,500 Partial Income Statement Info. 2020 2019 Net Revenue 93,000 71,000 Cost of Goods Sold 37,000 20,000 Net Income PART A 46,000 41,000 ccount from 2019 to 20202 Exper PART A Based on horizontal analyses, what was the percentage increase of the inventory account from 2019 to 2020? Express your answer as a percentage rounded to two decimal places (i.e., X.XX%). % PART B In your vertical analyses for 2020, what percentage did you calculate for Property, Plant, and Equipment? Express your answer as a percentage rounded to two decimal places (i.e., X.XX%). % PART C Calculate the company's Receivables Turnover Ratio for 2020. Express your answer as a decimal rounded to two decimal places (i.e., X.XX). Treasury Warranty Warranty Warranty ChatGP Given Cc $200,00 Accoun Lawsuit Lawsuit In this en income s sheet. Th PART D Calculate the company's Return on Assets Ratio for 2020. Express your answer as a decimal rounded to two decimal places (i.e., X.XX). for the lia Liability' i with a sim a decimal rounded to two decimal places (i.e., X.XX). PART E swer as Calculate the company's Fixed Asset Turnover Ratio for 2020. Express your answer as a decimal rounded to two decimal places (i.e., X.XX). PART F Calculate the company's Inventory Turnover Ratio for 2020. Express your answer as a decimal rounded to two decimal places (i.e., X.XX). Question 15 of 17 P