Question: Below is Bingo Corp.'s financial data, what is Notes payable? Total debt to net worth (total equity) 1 to 1 Quick ratio 2 to 1


Below is Bingo Corp.'s financial data, what is Notes payable? Total debt to net worth (total equity) 1 to 1 Quick ratio 2 to 1 Asset turnover 2 times Average collection period 50 days Sales/inventory 20 times Cash Notes payable Receivables Long-term debt $16,500 Inventories Common Stock $10,000 Net plant Retained earnings $26,500 Total assets Total debt & equity What is Bingo's Receivables? What is Bingo's net plant
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