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Connect X Gates Appliances has a return-or X * Course Hero X X ( ) https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flearn.liberty.edu%252Fweba.. APerformance EMail Lu Liberty Home Bb Blackboard College EMail in Linkedin i Indeed Thrift Savings Plan G Google Other favorites Exam 1 i Saved Help Save & Exit Submit 14 The balance sheet for Stud Clothiers is shown next. Sales for the year were $3,420,000, with 75 percent of sales sold on credit. STUD CLOTHIERS Balance Sheet 20X1 Assets Liabilities and Equity Cash $ 27 ,000 Accounts payable $ 000'E62 4 Accounts receivable 291, 000 Accrued taxes 125, 000 points Inventory 308, 000 Bonds payable (long-term) 201, 000 Plant and equipment 393 , 000 Common stock 100, 090 Paid-in capital 150, 000 02:07:50 Retained earnings 50, 000 Total assets $ 1, 019, 000 Total liabilities and equity $ 1, 019, 000 Compute the following ratios: (Use a 360-day year. Do not round intermediate calculations. Round your answers to 2 decimal places. Input your debt-to-total assets answer as a percent rounded to 2 decimal places.) a. Current ratio times b . Quick ratio times C. Debt-to-total-assets ratio % d Asset turnover times e. Average collection period days Mc Graw Hill ducation Type here to search S 13:26 08/09/2020