Question: Please show your working and explain the reasoning for your answer. The following data from ACME Engineering applies to the following five questions (Q 1-5).

Please show your working and explain the reasoning for your answer.

Please show your working and explain the reasoning for your answer. The

following data from ACME Engineering applies to the following five questions (Q

The following data from ACME Engineering applies to the following five questions (Q 1-5). Cash $100 Fixed assets $280 Sales $1,200 EBIT $462 NPAT $358 Inventory $180 Accounts receivable $148 Current ratio 3.2 Shareholder's Equity $500 Calculate the amount of total assets owned by ACME. Select one: a. 428 O b. 328 O C. 528 O d. 708 Determine ACME's long term debt commitment. Select one: a. 74 O b. 500 O c. 208 O d. 134

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