Question: Hello please help me in this question Use the financial statements of Heifer Sports Inc. to find the information below for Heifer. (Use 365 days
Use the financial statements of Heifer Sports Inc. to find the information below for Heifer. (Use 365 days a year. Round all answers to places except $ amounts) 2020 $5,620,000 2,926,000 expenses 260,200 1,544,000 861,800 136,000 725,000 324,400 401,400 2020 2019 Cash $ 49,000 1 Accounts receivable 51,000 880,400 653,000 484,800 Inventory 612,400 Total current assets $1,186,800 $1,543,800 Fixed assets 3,077,000 3,580,000 $4,263,800 $5,123,800 Liabilities and Stockholders' Equity Accounts payable $ 338,200 $ 585,000 Short-term debt 715,200 Total current liabilities $ 490,000 820,200 2,332,100 $1,300,200 2,861,500 tong-term bands Total liabilition $ 3,160,300 $4,161,700 Common stock 6 313,800 313,800 $ 789,700 $1,103,500 $ 962,100 Retained earnings 648.300 Total stockholders' equity Total liabilities and stockholders' equity $ 4,263,800 $5,123,800 a. Inventory tumover ratio in 2020 b. Debit/equity ratio in 2020 c. Cash flow from operating activities in 2020 d. Average collection period e. Assel turnover ratio 1. Interest coverage ratio 9. Operating profit margin h. Return on equity Compound leverage ratio k. Net cash provided by operating activities S 1 1 days % % Use the financial statements of Heifer Sports Inc. to find the information below for Helfer. (Use 365 days a year. Round all answers to 2 decimal places except $ amounts.) Income Statement Sales 2020 Cost of goods sold Depreciation $ 5,620,000 2,926,000 288,200 1,544,000 Selling and administrative expenses EBIT $ 861,800 Interest expense 136,000 Taxable income 725,800 Taxes 324,400 Net income $ 401,400 Balance Sheet, Year-End 2019 Assets Cash Accounts receivable 51,000 880,400 612,400 Inventory Total current assets $1,543,800 3,580,000 Fixed assets Total assets $5,123,800 Liabilities and Stockholders' Equity Accounts payable Short-term debt 585,000 715,200 $1,300,200 2,861,500 Total current liabilities 490,000 828,200 2,332,100 $ Long-term bonds $3,160,300 $ 4,161,700 Total liabilities Common stock S Retained earnings 313,800 $ 313,800 789,700 640,300 $1,103,500 $ 962,100 $ 4,263,800 $5,123,800 Total stockholders' equity Total liabilities and stockholders' equity Inventory tumover ratio in 2020 5.33 2.86 Debtlequity ratio in 2020 Cash flow from operating activities in 2020 115,000.00 days Average collection period Asset tumover ratio interest coverage ratio % Operating profit margin % Return on equity Compound leverage ratio Net cash provided by operating activities B. C. d. e. 1. 9. h. |4 k 2020 49,000 $ 653,000 404,800 $ $ 1,186,800 3,077,000 $4,263,800 5 Answer is not complete. 338,200 $
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