6 The balance sheet for Bryan Corporation is given below. Sales for the year were $3,090,000, with 75 percent of sales sold on credit. Cash Accounts receivable Inventory Plant and equipment a. Total assets b. Assets Current ratio Quick ratio BRYAN CORPORATION Balance Sheet Dec. 31, 20XX C. Debt-to-total-assets ratio d. Asset turnover Average collection period $60,000 290,000 375,000 435,000 $1,160,000 * Accounts payable Accrued taxes Compute the following ratios: (Use 365 days in a year. Do not round intermediate calculation. Round the final answers to 2 decimal places.) Bonds payable (long term) Common stock Retained earnings Liabilities and Equity Total liabilities and equity X X X % days $245,000 55,000 200,000 330,000 330,000 $1,160,000

The balance sheet for Bryan Corporation is given below. Sales for the year were $3,090,000, with 75 percent of sales sold on credit. Compute the following ratios: (Use 365 days in a year, Do not round intermedlate calculation. Round the final answers to 2 decimal places.)