D E F G Answer the Questions based on the financial Statements provided. 2015 2016 ASSIGNMENT Lesson 02 Quiz 01 Assets Cash $45.00 $50.00 A/R $142.00 $188.00 Inventory $372.00 $118.00 FIRST NAME LAST NAME Total $559.00 $356.00 Net Fixed Assets $1,000.00 $1,200.00 Total Assets $1,559.00 $1,556.00 INSTRUCTIONS Liabilities Accounts Payable $333.00 $268.00 $ 150.00 $125.00 When inputting an answer, round your answer to the nearest 4 decimal places. If you need to use a Notes Payable Total $483.00 $393.00 calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to 4 decimal places. Long-Term Debt $500.00 $750.00 Common Stock $400.00 $400.00 Retained Eamings $176.00 $13.00 Total Liabilities $1,559.00 $1,556.00 Questions Answers Correct Answers What is the Inventory Tumover? Sales What is the AR Tumover? Sales $2,351.00 What is the AP Tumover? Cost of Goods Sold $1,880.80 What is the Inventory Period? Depreciation $200.00 What is the AR Period? EBIT $270.20 How long is the Operating Cycle? Interest $40.00 How long is the Cash Cycle? Taxes $108.08 What is Net Working Capital for 2016? Net Income $122.12 SCORE - This Attempt DON'T FORGET TO UPLOAD TO THE CANVAS ASSIGNMENT LINK. Score & Feedback 37 A Quiz_Sheet Quiz_Sheet (2) Quiz_Sheet (3) + Ready CO SEP 4 &tv esc F2 20 F3 joo F4 F5 F6 F7 DII F8 @ # A 2 3 4 5 6 8 9 Q W E R T Y U A S D F G H L