Apps APA Style Examples... We are given the following information for Pettit Corporation. Sales (credit) Cash Inventory Current liabilities Asset turnover Current ratio Debt-to-assets ratio Receivables turnover $2,880,000 188,000 890,000 811,000 1.35 times 2.30 times 40 % 5 times Current assets are composed of cash, marketable securities, accounts receivable, and inventor Calculate the following balance sheet items: 69 69 a. Accounts receivable b. Marketable securities c. Capital assets d. Long-term debt 69 69